Hanwha Hotels & Resorts (SPC Urizip F&B) acquires 58.62% of Ourhome for KRW 869.5bn

SI Consumer & Retail Contract catering & food ingredient distribution

Deal value: $600m
Stake: 58.62%
Implied 100%: $1.0bn
Revenue: $1.5bn
Op. income: $61m
Multiples: EQV/EBIT 16.7xPSR 0.7x

DART 20250402000342

Target: Ourhome · Contract catering & food ingredient distribution
Buyer: Hanwha Hotels & Resorts (SPC Urizip F&B) · SI
Seller: Koo Bon-sung, Koo Mi-hyun et al.
Structure: —
Announced: Feb 11, 2025
Closed: May 15, 2025
Stage: Closed

Target

Food company focused on contract catering and food-ingredient distribution, operating food-distribution and food-service segments in Korea, the US, Vietnam, China and Poland; 2024 consolidated revenue of KRW 2.244tn was its first above KRW 2tn.

Deal rationale

Hanwha Hotels & Resorts said the acquisition was meant to create a new growth engine by targeting the growing food industry, including contract catering and food-ingredient distribution, and to raise F&B service quality, citing synergies with Hanwha Foodtech and its nationwide hotel and resort business and plans for kitchen automation. Sellers were founding-family members including former vice chairman Koo Bon-sung (38.6%) and chairwoman Koo Mi-hyun (19.3%); a first closing of 50.6% was followed by an agreement to buy the remaining 8% within two years.

신사업 진출승계·창업자 엑시트

Revenue	$1.5bn
Operating income	$61m
EBITDA	—
Net income	—

2024 연결 · DART-verified · 20250402000342

Press coverage

시대(sidae.com) (2025-02-11): “김승연 한화그룹 회장의 3남인 김동선 부사장이 이끄는 한화호텔앤드리조트가 아워홈 지분 58.62%를 8695억원에 인수하는 주식매매계약을 체결했다.”
SBS Biz (2025-05-15): “주식 취득에 투입된 총금액은 8695억원입니다.”
시대(sidae.com) (2025-05-15): “이번 계약으로 한화호텔앤드리조트가 확보한 아워홈 지분은 50.6%이며 지급 완료한 인수 대금 7508억원이다.”
시대일보 (2025-04-02): “2024년 연결기준 매출 2조2440억원, 영업이익 887억원”

This is a data entry summarising filings and press reports. Please check the original sources for the figures.