Add-on Acquisition • Food

Wooltari USA Acquires KPOP Foods

On January 18, 2022, Wooltari USA acquired food company KPOP Foods

Acquisition Context

This is Wooltari USA’s 1st transaction in the Food sector.
This is Wooltari USA’s 1st transaction in the United States.
This is Wooltari USA’s 1st transaction in California.

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M&A Deal Summary
Date	January 18, 2022
Target	KPOP Foods
Sector	Food
Buyer(s)	Wooltari USA
Deal Type	Add-on Acquisition

Target Company

KPOP Foods

Torrance, California, United States

KPOP Foods is a modern food brand that invites you to discover and enjoy Korean food and flavors through its delicious products. All products are available to order at www.kpopfoods.com, Amazon, Walmart Online, or at the retail stores. KPOP Foods was formed in 2017 and is based in Torrance, California.

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Buyer Overview 1

Buyer

Wooltari USA

Los Angeles, California, United States

Category	Company
Sector	E-Commerce

DESCRIPTION

Wooltari USA is a retail grocery brand sourcing premium Korean food products directly from manufacturers both in the US and South Korea with an emphasis on refrigerated and frozen goods. The company brings products directly to consumers via its own brick-and-mortar stores and website. Wooltari USA is based in Los Angeles, California.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Food	1 of 1
Type: Add-on Acquisition	1 of 1
State: California	1 of 1
Country: United States	1 of 1
Year: 2022	1 of 1

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