CJ CheilJedang is a South Korean food company based in
Seoul
Seoul (; ; ), officially known as the Seoul Special City, is the capital and largest metropolis of South Korea.Before 1972, Seoul was the ''de jure'' capital of the Democratic People's Republic of Korea (North Korea) as stated iArticle 103 ...
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
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.
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
CJ Group () is a South Korean conglomerate holding company and one of the largest Chaebol headquartered in Seoul, South Korea. It comprises numerous businesses in various industries of food and food service, pharmaceutics and biotechnology, enter ...
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.
In 2018, CJ CheilJedang acquired Kahiki Foods, an American food manufacturing company based in
Columbus
Columbus is a Latinized version of the Italian surname "''Colombo''". It most commonly refers to:
* Christopher Columbus (1451-1506), the Italian explorer
* Columbus, Ohio, capital of the U.S. state of Ohio
Columbus may also refer to:
Places ...
,
Ohio
Ohio () is a state in the Midwestern region of the United States. Of the fifty U.S. states, it is the 34th-largest by area, and with a population of nearly 11.8 million, is the seventh-most populous and tenth-most densely populated. The sta ...
. In 2019, CJ CheilJedang acquired
Schwan’s Company, a food manufacturing company based in Minnesota, United States.
Businesses
Its four main business areas are food ingredients (including
sugar
Sugar is the generic name for sweet-tasting, soluble carbohydrates, many of which are used in food. Simple sugars, also called monosaccharides, include glucose, fructose, and galactose. Compound sugars, also called disaccharides or double ...
,
wheat
Wheat is a grass widely cultivated for its seed, a cereal grain that is a worldwide staple food. The many species of wheat together make up the genus ''Triticum'' ; the most widely grown is common wheat (''T. aestivum''). The archaeologi ...
, and
oil), food (ambient, chilled and frozen food including HMR products), logistics, and biotechnology (including
MSG
Monosodium glutamate (MSG), also known as sodium glutamate, is the sodium salt of glutamic acid. MSG is found naturally in some foods including tomatoes and cheese in this glutamic acid form. MSG is used in cooking as a flavor enhancer wi ...
,
lysine
Lysine (symbol Lys or K) is an α-amino acid that is a precursor to many proteins. It contains an α-amino group (which is in the protonated form under biological conditions), an α-carboxylic acid group (which is in the deprotonated −C ...
), 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.
See also
*
List of South Korean companies
*
Economy of South Korea
References
External links
*
Forbes Global 2000for 2007
{{Authority control
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