Press Release

- Establishing a global partnership spanning ingredient supply, joint product development, and technical consulting

- Partnership with Symrise to accelerate development of new products for customers worldwide

Dongwon Home Food (CEO Jung Moon-mok) announced that it has signed a memorandum of understanding with global ingredients manufacturer Symrise to strengthen collaboration in ingredient sales and research and development.

The agreement was signed at Dongwon Group headquarters in Seocho-gu, Seoul. Attendees included Jung Moon-mok, CEO of Dongwon Home Food, Hwang Gyu-ha, Head of Symrise Korea, and other executives and employees from both companies.

Through the agreement, Dongwon Home Food will collaborate with Symrise, which has world-class ingredient manufacturing capabilities, on the joint development of new sauce products while also receiving technical consulting. Dongwon Home Food also plans to supply Symrise ingredients to its customers and manufacture products using Symrise ingredients.

Dongwon Home Food is Korea’s leading B2B seasoning food company, supplying sauces, seasoning powders, and other products to more than 1,000 customers, including food manufacturers and restaurant franchises. With approximately 3,000 ingredients and more than 80,000 recipes in its database, the company develops a wide range of customized flavors tailored to the needs of its customers. More recently, Dongwon Home Food has accelerated its global expansion by increasing sauce exports to major international foodservice brands, including McDonald’s Hong Kong and Taco Bell Japan.

“We partnered with Symrise, one of the world’s leading ingredients manufacturers, to further strengthen our capabilities in developing sauces for global customers,” said Jung Moon-mok, CEO of Dongwon Home Food. “We will continue building strategic partnerships with highly competitive companies as we evolve into a global sauce company.”

Headquartered in Germany, Symrise is one of the world’s largest manufacturers of flavors, fragrances, and functional ingredients. The company operates offices in approximately 100 countries and manufactures and supplies ingredients for food and beverages, cosmetics, perfumes, and other products to customers in around 160 countries.