Hanwha Group has acquired a 58.62% stake in Ourhome, South Korea’s second-largest catering company, for 869.5 billion won ($733 million). The acquisition, led by Kim Dong-sun, Vice President of Hanwha Hotel’s Future Vision Division, marks Hanwha’s re-entry into the catering market five years after selling its food service unit, Foodist. The deal has sparked interest in the industry, particularly regarding whether Hanwha can retain the existing catering volume from LG affiliates, and potential synergies with Hanwha Hotels’ existing businesses and food tech initiatives.
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Auto-posted at: 2025-05-15 21:02:12