lg household & health care lg type public traded as krx 051900 industry consumer goods founded 1947 1947 founder koo in hwoi headquarters seoul south korea area served worldwide key people suk y. cha vice chairman and ceo products cosmetics household goods beverages revenue krw 4 677 billion 2014 1 operating income krw 511 billion 2014 1 net income krw 355 billion 2014 1 total assets krw 3 828 billion 2014 1 total equity krw 1 709 billion 2014 1 number of employees 9 566 2014 1 parent lg corp website lgcare.com global lg household & health care is a major south korean consumer goods company that manages cosmetics household goods and beverages business . contents 1 summary 1.1 history 1.2 m & a 2 business division 2.1 cosmetics 2.2 household goods 2.3 beverages 3 references 4 external links summary edit history edit founded in 1947 koo in hwoi founder of lg corp established lucky chemical industrial corp and launched its very successful lucky cream the very first cosmetics product in korea . in 1954 the company also launched korea s first toothpaste brand lucky toothpaste . in february 1995 the company changed its name to lg chemical ltd. in april 2001 lg household & health care spun off from lg chemical and was listed on the korean stock exchange . 2 since current ceo & vice chairman suk y. cha joined the company in 2005 the business made a successful turnaround and the company s growth was further driven by strategic m & as . 3 currently lg household & health care is expanding its cosmetics and personal care business into global market . 4 m & a edit when lg household & health care was established there were only two business divisions of cosmetics and household goods . from the acquisition of coca cola beverage former coca cola korea bottling co. ltd in 2007 the company completed its current business structure of cosmetics household goods and beverages . currently lg household & health care is an exclusive manufacturer and distributor of coca cola brand products in korea . 5 in 2009 the company acquired diamond water co. ltd to strengthen its drinking water business and in 2011 the company acquired haitai beverage co. ltd the third largest beverages company in korea at the time . 6 since 2005 cosmetics business made a successful turnaround through new high end brand launches including the history of whoo su m37 and belif . in 2010 the company acquired low end cosmetics brandshop thefaceshop and a complete cosmetics product portfolio consisting of high end mid end to low end was achieved . 7 in 2012 lg household & health care acquired cosmetics brand violet dream former vov to strengthen its color cosmetics business . 8 in 2014 the company acquired local cosmeceutical firm cnp cosmetics co. ltd in order to expand into newly growing cosmeceutical category . 9 business division edit cosmetics edit lg household & health care is the second largest cosmetics company in south korea and it has continued to narrow the gap with its competitor . 10 its major high end cosmetics brands include the history of whoo o hui su m37 and belif . 11 the high end cosmetics business is growing fast with the history of whoo recording the highest sales among all other brands in major duty free stores in korea . 12 the major brands in mid to low end cosmetics include isa knox sooryehan beyond and thefaceshop the number one brandshop in korea . 13 household goods edit lg household & health care has maintained a dominant number one position in korean household goods industry and still continues to increase its market share through product differentiation and category expansion . 12 the major business units are personal care and home care . personal care includes oral care hair care and body care while home care includes dishwashing detergent laundry detergent and fabric softener . the major brands are perioe bamboo salt oral care elastine reen hair care on the body body care tech laundry detergent jayeonpong dishwashing detergent and saffron fabric softner . 14 beverages edit beverages business division was established through the m & a of coca cola beverage former coca cola korea bottling co. ltd in 2007 and is currently the second largest beverage company in korea . 15 the major brands are coca cola fanta sprite minute maid sunkist georgia and powerade . 16 references edit a b c d e f lg household & health care 2014 auditor s report . lg household & health care . retrieved 2014 . check date values in access date help lg household & health care leading the way in cosmetics cha s success reveals secret of ceo longevity lg s cosmetics unit bets big on chinese market acquisition of cckbc finalized lg hh announces takeover of haitai beverage lg h & h takes over korea s no. 3 cosmetics brand lg h & h concludes an agreement to acquire vov lg household to acquire local cosmeceuticals maker cnp cosmetics cosmetics vs. creative economy lg household & health care official site a b lg h & h reports net sales of 1.3 trillion won and operating profit of 178 billion won for 1q 2015 missha announces domestic downsizing global expansion lg household & health care official site lg household to buy coca cola amatil s korean unit update3 lg household & health care official site external links edit official website english v t e lg subsidiaries electronics lg electronics lg display lg innotek lg siltron lg hitachi water solutions lusem silicon works chemicals lg chem lg household & health care lg hausys lg life sciences lg mma lg tostem haitai beverage seetec telecommunication and services lg uplus lg n sys lg cns lg academy lg economic research institute lg sports fc seoul lg twins changwon lg sakers lg solar energy lg international lg toyo engineering serveone g2r hs ad lbest medialog other gs ls lejel group category commons retrieved from https en.wikipedia.org w index.php title lg household % 26 health care & oldid 736845790 categories companies based in seoulcosmetics companies of south koreapersonal care companiesdental companieslg grouphealth care companies of south koreahidden categories cs1 errors datesuse mdy dates from may 2012 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages edit links this page was last modified on 30 august 2016 at 06 30 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . 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