Hanwha Galleria acquires beverage manufacturer Pure Plus
Jae-Kwang Ahn
Sep 24, 2024 (Gmt+09:00)
South Korea's Hanwha Galleria Corp. said on Monday its acquisition of domestic beverage manufacturer Pure Plus.
Pure Plus has focused on non-alcoholic beverages for over 30 years, producing around 200 products, including organic juices and children's drinks.
The company also provides original equipment manufacturing (OEM) services for major beverage brands in Korea and abroad.
Its products are widely available through a distribution network of more than 150 outlets across South Korea, including local stores and supermarkets.
Pure Plus operates a production facility in Hamyang-gun, South Gyeongsang Province, and exports to over 50 countries, including the US, Australia, and Northern Europe.
Last year, the company generated sales of 41 billion won ($30.7 million) and an operating profit of 1.6 billion won ($1.2 million).