FOODCARE CLE
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FOODCARE CLE - overview
Established
2001
Location
Bucheon, Gyeonggi, South Korea
Primary Industry
Food
About
Based in South Korea, FOODCARE specializes in manufacturing premium baby food and nutritional products that address the dietary needs of infants and toddlers, focusing on health and convenience for modern families. Founded in 2001 and headquartered in Bucheon, South Korea, FOODCARE manufactures infant and toddler nutritional products, emphasizing the importance of healthy eating in early childhood. The company has not undergone any significant pivots or structural changes since its inception and does not have any known parent or subsidiary relationships. The founder’s history and previous ventures are not publicly detailed.
FOODCARE has engaged in one major funding deal, with the most recent occurring in April 2022, when Life & Bio Co. , Ltd. acquired a 53. 41% majority stake in the company, although financial details were not disclosed.
CLE Foodcare specializes in providing premium baby food and nutritional products tailored for infants and toddlers. Their core offerings include glass-bottle baby food, organic purees, and nutrition supplements specifically designed for various developmental stages, ranging from the introduction of solids at four months to balanced diets for toddlers over 15 months. The company aims to address the nutritional needs of children during their critical growth periods by offering a wide range of flavors and ingredients, ensuring both health and taste. CLE Foodcare’s products cater to health-conscious parents looking for convenient and nutritious meal solutions for their children.
The company serves a diverse clientele, including parents and childcare providers, primarily in South Korea, with aspirations to expand into international markets. CLE Foodcare generates revenue through direct-to-consumer sales, primarily via subscription models and individual purchases of their products. Customers can subscribe to regular meal plans, which provide a consistent supply of baby food and nutritional items based on their child's developmental stage, ranging from initial purees to more complex meals. The pricing structure reflects the premium quality of their offerings, with products like organic purees and specialized nutrition supplements at competitive rates.
The company also engages in strategic partnerships with retailers and e-commerce platforms to enhance product accessibility. As a result, CLE Foodcare establishes a robust revenue stream from both individual consumers and wholesale distribution channels, designed to meet the needs of modern parents seeking quality nutrition solutions for their children. FOODCARE aims to leverage its recent acquisition by Life & Bio Co. , Ltd.
to expand its product portfolio and achieve international growth. The company is designed to introduce new products tailored for various developmental stages of infants and toddlers, with specific launch dates and details to be announced. Expanding into international markets is a key goal, although targeted regions and deadlines have yet to be disclosed. The acquisition funding will support these initiatives, enhancing FOODCARE's capabilities and market reach.
Current Investors
Life & Bio Co., Ltd.
Primary Industry
Food
Sub Industries
Food, Health Foods & Nutritional Supplements
Website
www.foodcare-cle.com/
Verticals
E-commerce, Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
FOODCARE CLE - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | FOODCARE CLE | - |
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