Sibling Rivalry Escalates at Kolmar Over Business Performance
Creatrip Team
a year ago
Kolmar BNH, an ODM (Original Design Manufacturer) company for functional food manufacturing, has reignited the sibling dispute between Yoon Yeowon, CEO of Kolmar BNH, and Yoon Sanghyun, Vice Chairman of Kolmar Holdings. The conflict centers on the company's business performance claims, with Yoon Yeowon asserting consistent growth and Kolmar Holdings challenging this with assertions of failure. Despite increased sales, Kolmar Holdings claims a significant drop in market capitalization and profits compared to 2020. The founder, Chairman Yoon Donghan, supports Yoon Yeowon's leadership at Kolmar BNH, complicating the family's business dynamics. This corporate friction exemplifies complex family succession in South Korea's business landscape.
