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Uni-President’s Acquisition of Woongjin Foods in Korea

2019. 03. 20

An international F&B conglomerate based in Taiwan, Uni-President Enterprises Corp. (“Uni-President”), acquired through its wholly-owned subsidiary, KAI YU (BVI) INVESTMENT, 75% equity interest and managerial rights of Woongjin Foods Co., Ltd. from Hahn & Company PEF Hahn & Co. F&B Holdings. Yoon & Yang LLC, as legal counsel of Uni-President, advised Uni-President in regards to all aspects of the transaction including participation in bidding and selection of preferred bidder, legal due diligence, negotiation and execution of the share purchase agreement and filing of a business combination report pursuant to the Monopoly Regulation and Fair Trade Act. The transaction successfully closed on March 5, 2019.

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