The Lamy Co., Ltd. completed the acquisition of 100% stake in Lamy Cosmetics Sales Co., Ltd. from BioSmart Co.,Ltd. and one unknown buyer.
October 03, 2023
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The Lamy Co., Ltd. (KOSDAQ:A032860) agreed to acquire 100% stake in Lamy Cosmetics Sales Co., Ltd. from BioSmart Co.,Ltd. (KOSDAQ:A038460) and one unknown buyer for KRW 19.2 billion on August 14, 2023. Transaction is expected to complete on October 5, 2023.
The Lamy Co., Ltd. (KOSDAQ:A032860) completed the acquisition of 100% stake in Lamy Cosmetics Sales Co., Ltd. from BioSmart Co.,Ltd. (KOSDAQ:A038460) and one unknown buyer on October 4, 2023.
Glosfer Labs, Inc., formerly GMR Materials Co., Ltd., is a Korea-based company principally engaged in the iron scraps distribution business. The Company operates its business through two segments. The Metal and Nonmetal Raw Material Recycling Business segment engaged in the distribution of steel scraps used for steelmaking. The segment also builds and operates container shipping systems. The Fire Door Business segment manufactures, sells and constructs fire doors used in power plants, plants, apartments and buildings. The Company sells its products within domestic market and to overseas markets.