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CVC becomes second-largest shareholder in Star Vision, valuing firm near 600 billion won
01/17/25, 3:02 AM
Money
₩60 billion
Industry
fashion
Type
partnership
Global private equity firm CVC Capital Partners will participate as the second-largest shareholder in Star Vision, which operates the country's top contact lens brand 'Orenz.' The total corporate value is estimated to be in the high 600 billion won range. Founder and CEO Park Sang-jin retains 51% equity stake and aims for overseas business expansion and market growth through the partnership with CVC.
Company Info
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