Kolmar BNH Secures Future Growth Engine Through Smart Farm Investment

Smart Farm Plant Factory operated by Planty Farm (Photo by Kolmar BNH)

[Asia Economy Reporter Moon Hyewon] Health functional food ODM company Kolmar BNH announced on the 18th that it will invest a 3.6% stake in Planty Farm, a smart farm specialized company. Planty Farm is a subsidiary of Farm8 and possesses the largest smart farm infrastructure in Korea.

Through this investment, Kolmar BNH will expand its health functional food capabilities by adding the raw material cultivation sector to its existing portfolio, which had strengths in natural material research and manufacturing. They expect to develop differentiated health functional food materials and increase product productivity by securing a stable supply of raw materials. Additionally, due to the nature of smart farms, raw materials can be supplied safely as pesticide-free and eco-friendly, shielded from fine dust and pests.

Kolmar BNH plans to develop high value-added crops that have never existed before by combining its unique know-how in natural material research with Planty Farm’s eco-friendly cultivation technology. In particular, they intend to continuously discover domestic natural materials, such as the individually recognized functional raw material immature bitter melon alcohol extract for blood sugar improvement, thereby expanding their material portfolio.

In the future, Kolmar BNH will actively support Planty Farm’s overseas expansion projects to increase corporate value and secure new sales. Furthermore, they will promote carbon neutrality by supporting eco-friendly methods such as circulating hydroponic cultivation that reduces water usage by 95%, and will take the lead in spreading social value.

A Kolmar BNH official said, "With this investment, we have established a value chain that services the entire area from health functional food raw material cultivation to production, packaging, and distribution," adding, "We will not spare investment to become the global number one beyond domestic number one by stably supplying differentiated materials such as domestic natural materials."

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