COSRX acquired by Amorepacific
Amorepacific acquired COSRX, a South Korea skincare brand on Oct 30, 2023. FundComb records estimated consideration of USD 1.0bn. The current comp implies EV / revenue of 3.6x. Public sources confirm the deal; valuation inputs may include estimates where transaction materials do not disclose the full economics.
Transaction summary
- Target
- COSRX
- Acquirer
- Amorepacific
- Seller
- -
- Announced
- 2023-10-30
- Geography
- South Korea
- Tags
- CosmeticsCPGK BeautySkincare
- Type
- Acquisition
- Deal type
- Control
- Stake acquired
- 38%
- First added
- 2026-06-18
- Latest update
- 2026-07-13
Value and multiples
Price / value
USD 1.0B
Transaction value | USD
Basis: FundComb estimate
EV / revenue
3.6x
Period not stated
Basis: FundComb estimate
EV / EBITDA
-
EBITDA basis not stated
Basis: FundComb estimate
Basis
- USD 1.0bn transaction value is a FundComb estimate. Public sources reviewed confirm the transaction, but do not independently disclose every valuation input.
- Implied EV / revenue is 3.6x, calculated from USD 1.0bn value and USD 280m revenue.
- Revenue and multiple inputs are not fully disclosed in public transaction materials reviewed; treat the multiple as an estimate.
Other reviewed estimates
Transaction comps can involve reported or estimated figures from different sources. FundComb uses the values above as the current canonical comp, while preserving prior reviewed estimates below for context.
Source summary
Research Report | Mirae Asset Securities
EstimatedMirae Asset reported Amorepacific planned to increase its COSRX stake to 93% and consolidate it from May 2024; it forecast COSRX 2024 revenue of KRW 564.3bn and operating profit of KRW 191.9bn.
Open source