Meritz buys Chaewoora in $37M buyout

What's the deal? Meritz SecuritiesDealroom has a profile for this one. Try Dealroom → acquired 70% of ChaewooraDealroom has a profile for this one. Try Dealroom →, a cosmetics-packaging company, in August 2026 for $37M. The founders retained a minority stake through subordinated limited-partner participation in the project fund.

Why it matters Chaewoora's revenue nearly doubled from KRW 13.8B in 2023 to KRW 25.4B in 2025, while operating profit more than doubled to KRW 5.3B.

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