BEAMSTART Logo

HomeNews

Daol PE buys Youngil Glass to ride Korean cosmetics boom

Korea Economic Daily LogoKorea Economic Daily15h ago

Daol PE buys Youngil Glass to ride Korean cosmetics boom - Korea Economic Daily

Quick Summary:

Daol Private Equity has acquired Youngil Glass Industry Co., a South Korean manufacturer of glass containers, in a 65 billion won ($44.5 million) deal, to seize on the global rise of independent Korean skincare brands.

The Seoul-based private equity firm, specializing in middle-market buyouts, has completed the purchase of a 100% stake in Youngil Glass from its founding family earlier this week, according to investment banking sources.

Many indie skincare brands outsource production to third-party manufacturers, while sourcing containers from packaging specialists like Youngil Glass.

More Pictures

Daol PE buys Youngil Glass to ride Korean cosmetics boom - Korea Economic Daily (Picture 1)Daol PE buys Youngil Glass to ride Korean cosmetics boom - Korea Economic Daily (Picture 2)

or

Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-20 @ 15:07:14 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 224 words

Reading Time: 2 minutes read

Sentences: 18 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Korea Economic Daily

News ID: 27186672

View Article Analysis

About Korea Economic Daily

Korea Economic Daily Logo

Main Topics: Economy

Official Website: kedglobal.com

Update Frequency: 6 posts per day

Year Established: 1964

Headquarters: South Korea

News Last Updated: 10 hours ago

Coverage Areas: South Korea

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #91

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Daol PE buys Youngil Glass to ride Korean cosmetics boom" has 224 words across 18 sentences, which will take approximately 1 - 2 minutes for the average person to read.

Which news outlet covered this story?

The story "Daol PE buys Youngil Glass to ride Korean cosmetics boom" was covered 15 hours ago by Korea Economic Daily, a news publisher based in South Korea.

How trustworthy is 'Korea Economic Daily' news outlet?

Korea Economic Daily is a fully independent (privately-owned) news outlet established in 1964 that covers mostly economy news.

The outlet is headquartered in South Korea and publishes an average of 6 news stories per day.

It's most recent story was published 10 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #27186672
  • URL: https://chronographically.beamstart.com/news/daol-pe-buys-youngil-glass-17424510162222

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

Our Company

© Copyright 2025 BEAMSTART. All Rights Reserved.