THE WHAT? Amorepacific has introduced it’s to promote a 60 % stake in its packaging making affiliate Pacific Bundle to Autajon Group, in accordance with Korea Occasions.
THE DETAILS The worth of the sale to the French package deal maker hasn’t been disclosed, with Amorepacific retaining a 40 % stake.
THE WHY? The deal is claimed to be a part of Amorepacific’s plan to strengthen its hyperlink with Autajon Group.
Amorepacific mentioned, “The deal will elevate our partnership with Autajon Group and supply new development momentum for our affiliate, as we look forward to finding extra purchasers by way of our French companion.”