Source: Internet, Reuters, Khaleejtimes.
South Korea's three largest contract manufacturers - Cosmax, Korea Kolmar and Cosmecca - have all been approached by foreign investors about buying a minority stake in recent years, three people with direct knowledge of the situations told Reuters.
Though largely staying in the background with little public recognition themselves, contract manufacturers stand to benefit as Korean brands they work for rapidly grow in China's $53.5 billion cosmetics market.
South Korea's three largest contract manufacturers - Cosmax, Korea Kolmar and Cosmecca - have all been approached by foreign investors about buying a minority stake in recent years, three people with direct knowledge of the situations told Reuters.
Though largely staying in the background with little public recognition themselves, contract manufacturers stand to benefit as Korean brands they work for rapidly grow in China's $53.5 billion cosmetics market.
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