LG H&H (LG Household & Health Care)

The company traces its corporate independence to April 2001, when LG Household & Health Care separated from LG Chem and became a separately listed entity on the Korea Stock Exchange [1]. Over the following two decades it expanded well beyond household products, building parallel businesses in beverages and cosmetics through a sustained run of acquisitions.

The beverage push began in 2007 with the purchase of the former Coca-Cola Korea Bottling Company, and continued with Diamond Water in 2009 and Haitai Beverage in 2011 [1]. In parallel, the group assembled its cosmetics portfolio, acquiring the brand-shop chain The Face Shop in 2010 and the cosmeceutical firm CNP Cosmetics in 2014 [1]. From the late 2010s onward it moved into international beauty markets through deals in North America and across Asia.

The group divides its cosmetics brands broadly by price tier. Its high-end lines include The History of Whoo — the group's flagship luxury range — along with O HUI, Su:m37° and belif [1]. In the mid-to-lower price segment it lists isa knox and the brand-shop chain The Face Shop [1]. CNP, a cosmeceutical brand acquired in 2014, is also part of the beauty portfolio [1].

The History of Whoo, built around traditional Korean herbal formulas, has been the group's leading luxury line, while The Face Shop operates in the standalone brand-store format common to Korean cosmetics retail.

Acquisitions have been central to how LG H&H grew each of its three divisions. On the beverage side, it bought Coca-Cola Beverage (the former Coca-Cola Korea Bottling Company) in 2007, Diamond Water in 2009, and Haitai Beverage in 2011 [1].

In cosmetics, the group added The Face Shop in 2010, the brand Violet Dream (formerly VOV) in 2012, and CNP Cosmetics in 2014 [1]. It then pursued a series of international beauty deals. In 2019 it agreed to acquire New Avon LLC, Avon's North American business, from Cerberus and Avon Products for $125 million [4]. In 2020 it bought the Physiogel brand business rights for Asia and North America from GlaxoSmithKline for £125 million [5]. In 2022 it acquired a 65% stake in the Los Angeles-based brand The Creme Shop for about 148.5 billion won, roughly $120.2 million [6].

LG H&H is a public company listed on the Korea Exchange under the code 051900 [1]. It forms part of the LG Corporation chaebol, and LG Corp is its largest shareholder, holding about 34% according to the company's public filings [1].