Shinsegae Food Emerges as Savior for Calisco Amid 'Family Feud' with Ourhome

Agreement on Food Ingredient Supply and Product Development at Shinsegae Food Headquarters
Collaboration with Calisco on Joint Development of Exclusive Ingredients... Synergy Effect

On the 5th, at the Shinsegae Food headquarters in Seongsu-dong, Seongdong-gu, Seoul, Calisco Cha Gi-pal, Head of C&D Division (left), and Shinsegae Food Kim Tae-kwon, Senior General Manager of Food Material Distribution (right), held the 'Food Material Supply and Product Development Business Agreement Ceremony' and took a photo.

[Asia Economy Reporter Lee Seon-ae] Calisco, which had a legal dispute with Ourhome over the suspension of food ingredient supply, has joined hands with Shinsegae Food. From now on, Shinsegae Food will be responsible for supplying food ingredients to the dining brand stores operated by Calisco.

According to Shinsegae Food and Calisco on the 9th, on the 5th, Kim Tae-kwon, Senior Executive of Food Ingredient Distribution at Shinsegae Food, and Cha Ki-pal, Head of C&D at Calisco, signed a business agreement on food ingredient supply and product development at Shinsegae Food headquarters in Seongsu-dong, Seongdong-gu, Seoul.

Calisco is a dining specialist company operating four dining brands including the 50-year traditional premium pork cutlet specialty restaurant ‘Saboten’, casual Mexican food ‘Taco Bell’, modern Korean food brand ‘Banju’, and cutlet cafe brand ‘Hibarin’, as well as concession (rest area) businesses.

Through this agreement, Shinsegae Food will supply fresh agricultural, livestock, and marine products, processed goods, and non-food items necessary for the overall operation of food and beverage businesses to about 80 Calisco dining stores based on stable purchasing competitiveness and advanced logistics systems. In addition, Shinsegae Food and Calisco will cooperate in jointly developing exclusive ingredients such as curry, miso, beef bulgogi, dressings, and pre-processed vegetables. The two companies plan to create synergy through cooperation across overall operations including menu planning, education, and hygiene safety.

Kim Tae-kwon, Senior Executive of Food Ingredient Distribution, said, “Through this agreement, we will supply Shinsegae Food’s high-quality ingredients to Calisco, a dining specialist company loved by many customers,” adding, “We expect to leverage Shinsegae Food’s know-how in various businesses such as food ingredient distribution, food manufacturing, catering, dining, and bakery to stably supply customized ingredients to Calisco and for the competitiveness of both companies to create synergy.”

Meanwhile, Ourhome Vice Chairman Koo Bon-sung’s side notified that it would suspend product supply to Calisco, operated by his younger sister CEO Koo Ji-eun, from October 12, 2019, and terminate IT support services, purchasing bidding services, and Saboten processing consignment services as of December 31. Subsequently, Calisco filed an injunction request asking not to suspend product supply along with the operation system and Saboten processing consignment services until December 31, 2020. Following this, the Civil Division 50 of the Seoul Central District Court partially approved Calisco’s injunction request filed on October 10, 2019, to prohibit supply suspension against Ourhome. According to this decision, the product and service supply contract was not suspended and maintained until April 30, 2020. An Ourhome official explained, “The contract is maintained until April 30, so some products will be supplied until that day,” adding, “After that, there will be no products supplied by Ourhome.”

This content was produced with the assistance of AI translation services.