LG Household Acquires CNP Cosmeceuticals to Expand Business

SEOUL, Oct. 24 (Korea Bizwire) – LG Household and Healthcare is expected to boost its sales volume by acquiring CNP Cosmetics, a local “cosmeceuticals” firm, even though it failed to win a bid for U.S. cosmetics company Elizabeth Arden. The Korea’s leading cosmetics company announced on October 22 that it signed a 54.2-billion-won agreement to [...]