Dongwon Group

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Dongwon Group - overview

Location

Seoul, -, South Korea

Primary Industry

Logistics & Distribution

About

Dongwon Group is a South Korean conglomerate specializing in food processing and logistics, focusing on seafood products and convenient meal solutions for diverse consumer needs. Founded in Seoul, South Korea, Dongwon Group operates in the food processing sector, primarily known for its seafood products. The company has evolved to include subsidiaries like Dongwon F&B and Dongwon Home Food, emphasizing its commitment to convenience in food solutions. Under the leadership of CEO Sungchil Park, Dongwon Group has established a significant presence in both domestic and international markets, particularly across Asia, North America, and Europe.


Dongwon Group operates primarily in the food processing and logistics sectors, offering a diverse range of products and services tailored to meet various consumer and business needs. Their core product offerings include a variety of seafood products, such as canned tuna and processed fish products, which are designed for both domestic consumption and international markets. The company also provides packaged food items through its subsidiaries, including Dongwon F&B and Dongwon Home Food, addressing the growing demand for convenient and ready-to-eat meals. Serving a broad customer base that includes retailers, wholesalers, and restaurants, Dongwon Group's products are distributed across numerous geographical markets, including Asia, North America, and Europe.


The company’s focus on quality and sustainability positions it as a provider in the global food industry, emphasizing innovative solutions to enhance consumer dining experiences. In the most recent year, Dongwon Group reported a revenue of USD 6,562. 18 mn and an EBITDA of USD 589. 72 mn, reflecting its effective revenue model that combines B2B and direct-to-consumer transactions.


The company engages in partnerships with retailers and foodservice operators to distribute its flagship products, ensuring a steady flow of goods across various markets. Dongwon Group is focused on expanding its product line, with plans to introduce new seafood offerings by mid-2024, capitalizing on emerging culinary trends. The company aims to penetrate additional markets in Southeast Asia and Europe over the next two years, leveraging its established supply chains. Recent funding will be utilized to support these initiatives, enhancing production capabilities and market outreach.


Primary Industry

Logistics & Distribution

Sub Industries

Food & Beverage Distribution, Fishing & Seafood

Website

www.dongwon.com

Total Amount Raised

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Dongwon Group - timeline of key events

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Dongwon Group - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedDongwon Loex-
Trade SaleCompletedDoosan TechPack BG-

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Dongwon Group - employee data

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