SAMHWA CROWN & CLOSURE Co., Ltd.

Based in South Korea, SAMHWA CROWN & CLOSURE Co. , Ltd. specializes in producing metal closures for food and beverage packaging, delivering innovative solutions that enhance product integrity and consumer experience. SAMHWA CROWN & CLOSURE Co.

, Ltd. manufactures metal closures for the food and beverage industry. The company was founded in 1965 in Seoul, South Korea, and has not undergone any significant pivots in its business strategy. Ki-young Ko is the CEO.

The company completed its most recent funding round on September 30, 2009, where Doosan-SPV and Mirae acquired a minority stake. Samhwa Crown & Closure specializes in the production of high-quality closures for food and beverage packaging, focusing primarily on metal crowns and custom designs for various applications. Their core offerings include standard and decorative crown caps that enhance product integrity and shelf life while providing consumers with an engaging unsealing experience. The company targets a diverse clientele, including beverage manufacturers, breweries, and food processing companies, ensuring that their products meet the specific needs of end users in different markets.

Samhwa’s products are distributed across multiple geographical regions, including North America, Europe, and Asia, reflecting a broad reach in both established and emerging markets. By innovating with design and functionality, Samhwa aims to solve challenges related to product preservation and consumer accessibility. Samhwa Crown & Closure operates on a B2B transaction model, primarily selling its products to manufacturers and distributors within the food and beverage sector. In the most recent year, the company reported a revenue of USD 122.

63 mn and an EBITDA of USD 14. 83 mn. The company leverages partnerships with retailers and wholesalers to enhance market penetration and ensure product availability. Revenue is generated through direct sales of its flagship metal crown caps, with transactions typically structured around bulk orders and customized solutions tailored to client specifications.

Clients benefit from competitive pricing plans that cater to varying order sizes, fostering long-term relationships with manufacturers who require consistent quality and supply. This strategic approach enables Samhwa to maintain a steady revenue stream while meeting the demands of a dynamic industry. Samhwa Crown & Closure is focused on developing new products to cater to evolving market demands, with anticipated launches slated for late 2024. The company is also planning to expand its presence in emerging markets in Asia and Africa by 2025.

The funding acquired from the recent stake sale will be utilized to support these new product developments and market expansions.