Brenntag SE to acquire Woojin Trading
Not yet reviewed: summarised from filings and press reports; figures may differ between reports. Please check the original sources.
- Deal value
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- Stake
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- Implied 100%
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- Revenue
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- Op. income
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- Multiples
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- Target
- Woojin Trading · Cosmetics ingredients distribution
- Buyer
- Brenntag SE · SI
- Seller
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- Structure
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- Announced
- Aug 4, 2026
- Closed
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- Stage
- Signed
Target
Woojin Trading, founded in 1999 by chairman Young Bae Song and based in Anyang, is a specialty distributor of beauty and personal care ingredients with a global supplier network and an in-house laboratory and technical team providing formulation support. Its customer base is described as expanding across Asia.
Deal rationale
Brenntag announced on 3 Aug 2026 an agreement to acquire Woojin Trading to strengthen its position in South Korea's beauty and personal care market, describing the footprint as a bridgehead for accelerating its other businesses in Korea. Financial terms were not disclosed; KED reported an enterprise value of USD 35m, with closing expected in Q4 2026 subject to third-party approvals.
Press coverage
- KED Global (2026-08-04): “Germany’s Brenntag acquires S.Korean beauty distributor Woojin Trading with $35 mn enterprise value”
- Brenntag press release (2026-08-03): “Financial details are not being disclosed.”
This is a data entry summarising filings and press reports. Please check the original sources for the figures.