Kolmar Korea will acquire Yonwoo, Korea's leading cosmetics container manufacturer.
WHO: Established in 1983, Yonwoo has become Korea's number-one manufacturer specializing in packaging materials for cosmetic and personal care products. The company is known for its airless containers and dispensing systems.
Founded in 1990, Kolmar Korea is the country's leading cosmetics manufacturer development and production company (ODM).
WHY: Kolmar's acquisition of cosmetic container company Yonwoo will create synergies in its cosmetics business.
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