CheilJedang Group
Encyclopedia
Cheil Jedang is a Korea
n conglomerate
that separated from its parent company, Samsung
by the oldest son of the founder of Samsung, Lee Byung Chul, Maeng Hee Lee. It is currently owned and managed by the song and daughter of Maeang Hee Lee. CJ is traditionally famous for food products, including processed and prepackaged foods and most notably, sugar
but has recently expanded into finance and entertainment. CJ also recently opened a chain of large, multiplex movie theatres under the name CGV. becoming one of the largest congolomerate group (Chaebol) in Korea.
Korea
Korea ) is an East Asian geographic region that is currently divided into two separate sovereign states — North Korea and South Korea. Located on the Korean Peninsula, Korea is bordered by the People's Republic of China to the northwest, Russia to the northeast, and is separated from Japan to the...
n conglomerate
Conglomerate (company)
A conglomerate is a combination of two or more corporations engaged in entirely different businesses that fall under one corporate structure , usually involving a parent company and several subsidiaries. Often, a conglomerate is a multi-industry company...
that separated from its parent company, Samsung
Samsung
The Samsung Group is a South Korean multinational conglomerate corporation headquartered in Samsung Town, Seoul, South Korea...
by the oldest son of the founder of Samsung, Lee Byung Chul, Maeng Hee Lee. It is currently owned and managed by the song and daughter of Maeang Hee Lee. CJ is traditionally famous for food products, including processed and prepackaged foods and most notably, sugar
Sugar
Sugar is a class of edible crystalline carbohydrates, mainly sucrose, lactose, and fructose, characterized by a sweet flavor.Sucrose in its refined form primarily comes from sugar cane and sugar beet...
but has recently expanded into finance and entertainment. CJ also recently opened a chain of large, multiplex movie theatres under the name CGV. becoming one of the largest congolomerate group (Chaebol) in Korea.