PharmaResearch Acquires U.S. Cosmetics Manufacturer CG USA
PharmaResearch has acquired U.S. cosmetics manufacturer CG USA to secure localized production and supply chain resources. This move signals an accelerated expansion of Korean cosmetics manufacturing capacity into North America, carrying implications for the global contract manufacturing landscape.
Korean firm PharmaResearch has completed the acquisition of CG USA (Cosmetics Group USA), a U.S. cosmetics manufacturer. The transaction aims to secure localized production capabilities and supply chain resources within the U.S. market. By integrating CG USA's manufacturing facilities, PharmaResearch can directly address North American market demands and shorten product delivery cycles. For brands relying on the global contract manufacturing system, this acquisition marks an accelerated extension of Korean cosmetics manufacturing capacity into North America. Procurement professionals should monitor how such cross-border capacity consolidation impacts regional supply chain stability and contract manufacturing pricing.
Source:매일경제
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