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Gains key R&D hub within the region.
July 9, 2020
By: Happi Staff
Leading cosmetics contract manufacturer Intercos Group has acquired the joint venture it created with fashion and beauty retailer Shinsegae International by buying the remaining 50% of Shinsegae Intercos Korea Inc. Financial details of the deal were not disclosed. The move dovetails with Intercos’ strategy to leverage Intercos Korea as an Asian hub. Intercos said the business will become its main research and development center for the area and a global center of excellence for categories includ...
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