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IDONGGALBI

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Year established

2016

Location

Pocheon Gyeonggi-do South Korea

Primary Industry

Food

About

Based in Pocheon-si, South Korea, and founded in 2016, IDONGGALBI is a meat processing and storage company. IDONGGALBI owns Pocheon IDONGGALBI, which operates as a food restaurant in South Korea. IDONGGALBI was acquired by foodjang in 2020. IDONGGALBI has technology and competitiveness in meat processing. The company provides meat processing and inventory management services. In 2019, IDONGGALBI generated approximately KRW 10 billion in company revenue. As of 2020, Affirma Captial, investor of foodjang, plans to increase its value chain in the food and meat industry business by acquiring companies in related business. By acquiring the companies in related business, Affirma Captial aims to respond swiftly and cater to the demands of the customers.
Current Investors
foodjang

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Primary Industry
Food
Sub Industries
Meat, Poultry & Seafood Products
Company Stage
Add-on
Total Amount Raised
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Deals

Deals Type
Add-on
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)
Completed IDONGGALBI 17 Feb 2020
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