CJ CheilJedang
| File:Cheil Jedang logo.png | |
Native name | 씨제이제일제당 주식회사 |
|---|---|
| Type | Public |
| KRX: 001041 | |
| Industry | Food & Food Service |
| Founded | 1953 (as Cheil Jedang Co. Ltd.) |
| Founder | Lee Byung-chul |
| Headquarters | Jung-gu, Seoul |
Area served | Worldwide |
Key people | Choi Eun-seok (CEO) |
| Products | Food Ingredients, Food, Pharmaceuticals and Biotechnology |
| Revenue |  ₩25.81 trillion (2021)[1] |
| ₩1.62 trillion (2021)[1] | |
| ₩834 billion (2021)[1] | |
| Total assets | ₩25.61 trillion (2020)[1] |
| Total equity | ₩10.16 trillion (2020)[1] |
Number of employees | 5,991(2013) non-consolidated in Korea |
| Parent | CJ Group |
| Website | eng |
CJ CheilJedang is a South Korean food company based in Seoul that manufactures food ingredients, ambient, frozen and chilled packaged food products, pharmaceuticals and biotechnology. Its brands include bibigo, Gourmet and Hatbahn. bibigo brand is well known for Mandu (Korean dumpling) in the global market.
History[edit]
CJ Cheil Jedang was founded as 'Cheil Jedang' in August 1953 as a sugar and flour manufacturer and was originally part of Samsung Group, as their first manufacturing business. In July 1993 it spun off from Samsung and gained independent management, changing into a life and culture group with the entrance into the food service and entertainment industries. In 1996 it became the 'Cheil Jedang Group' with the official separation from Samsung Group completed in February 1997.[2]
In October 2002 the CJ Group was launched and the official name changed to 'CJ Co., Ltd'. In September 2007 CJ Co again spun off as a business holding company renamed 'CJ CheilJedang Co., Ltd' and CJ Group became a holding company for a group of food and entertainment-related subsidiaries based in South Korea. It has four main core businesses: Food & Food Service, Bio Pharma, Entertainment Media, and Home Shopping & Logistics; and CJ Cheil Jedang was put under Food & Food Service.[3]
In 2018, CJ CheilJedang acquired Kahiki Foods, an American food manufacturing company based in Columbus, Ohio.[4] In 2019, CJ CheilJedang acquired Schwan’s Company, a food manufacturing company based in Minnesota, United States.[5]
Businesses[edit]
Its four main business areas are food ingredients (including sugar, wheat, and oil), food (ambient, chilled and frozen food including HMR products), logistics, and biotechnology (including MSG, lysine), processed food and animal feed.
It has since expanded globally with offices in the U.S., China, Vietnam, Japan, and Germany. CJ packaged food products are currently exported to more than 100 countries.
CJ was recently reported to be in talks with the US Corporation Dendreon who is in trials with a cancer vaccine called Provenge.[citation needed]
See also[edit]
References[edit]
- ^ a b c d e "Cj제일제당 : 네이버 금융". Archived from the original on June 30, 2017. Retrieved 2014-04-25.
- ^ Kim, So-hyun (4 March 2013). "CJ rises as beacon of Korean food, shopping, pop culture". Korea Herald. Retrieved 4 March 2013.
- ^ "Company history". CJ Cheil Jedang. Retrieved 9 October 2012.
- ^ Eaton, Dan (27 August 2018). "Frozen food maker Kahiki getting a new owner". bizjournals. Retrieved 22 February 2021.
- ^ "CJ CheilJedang Completes Acquisition of Schwan's Company". Business Wire. 19 February 2019. Retrieved 14 August 2021.
External links[edit]
- Official website
- Forbes Global 2000 for 2007
- Articles with short description
- Short description with empty Wikidata description
- Articles with missing files
- All articles with unsourced statements
- Articles with unsourced statements from January 2010
- Official website not in Wikidata
- AC with 0 elements
- CJ Group subsidiaries
- Former Samsung subsidiaries
- Sugar companies
- Food and drink companies of South Korea
- Manufacturing companies based in Seoul
- Food and drink companies established in 1953
- Companies listed on the Korea Exchange
- South Korean brands
- South Korean companies established in 1953