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Kolon Global. (Courtesy of Kolon Global) |
[Alpha Biz= Kim Jisun] Kolon Global announced on the 30th that it has completed the merger with its subsidiaries MOD and Kolon LSI. The merger will take effect on December 1.
Through this integration, Kolon Global aims to establish a more sustainable growth foundation by diversifying its business portfolio, expanding its value chain, and improving its financial structure. The company plans to enhance its capabilities as a comprehensive energy operator—not only in wind power development and construction, but also in long-term operation and management.
MOD specializes in leisure operations, including hotels, resorts, and golf courses such as the Mauna Ocean Resort in Gyeongju. Kolon LSI is a service-focused subsidiary that operates Kolon Hotel and Seacloud Hotel. Combined, the two companies accounted for approximately 6.2% of Kolon Global’s consolidated revenue last year.
Kolon LSI has recorded an operating profit margin of around 5% over the past three years, while MOD achieved an operating margin exceeding 13% during the same period.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
