Cheil Industries

Cheil Industries
IndustryTextile
FoundedSeptember 15, 1954 (1954-09-15)
FounderLee Byung-chul
DefunctJuly 1, 2014 (2014-07-01)
FateMerger with Samsung C&T
ParentSamsung
Cheil Industries
Hangul
Hanja
Revised RomanizationJeil Mojik
McCune–ReischauerCheil Mojik

Cheil Industries was an affiliate of the Samsung Group.

Since its establishment in 1954, Cheil Industries has been a Korean textile firm.

Thereafter, from the 1980s, the company expanded its business areas into fashion, chemicals and electronic chemical materials (ECM).

In October 2014, Cheil Industries submitted plans for an initial public offering, with around $1.41 billion in shares planned for listing on the South Korea Stock Exchange.[1]

  1. ^ "Samsung's Cheil Industries submits plans for roughly $1.4 billion IPO" (Press release). Reuters. 14 October 2014. Archived from the original on 24 September 2015. Retrieved 30 June 2017.