Hugel Acquires Lifting Thread Company 'JWorld'
[Asia Economy Reporter Cho Hyun-ui] Hugel announced on the 2nd that it will acquire an 80% stake in the domestic lifting thread company 'J World'.
With this, Hugel has established a medical aesthetic (cosmetic medical) triad consisting of botulinum toxin, HA filler, and lifting threads. Botulinum toxin is used for muscle relaxation and reduction, HA filler improves volume, and lifting threads are used to improve skin sagging, making them complementary to each other.
J World is a medical device manufacturing company for beauty and plastic surgery established in 2013. Its main product, lifting threads, are widely used in treatment and cosmetic fields such as wound suturing and facial lifting.
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A Hugel official stated, "With this acquisition, we have become the world's first company capable of manufacturing and selling all three items among medical aesthetic companies," adding, "We will combine J World's manufacturing and production capabilities with Hugel's sales, marketing strengths, and academic platform to grow as a new game changer in the market."
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