Hanwha Galleria Establishes Subsidiary to Operate Five Guys

New CEO in His 40s, Oh Min-woo
Accelerates Preparations for Gangnam Branch Opening in June

Hanwha Galleria announced on the 1st that it will establish a subsidiary, FG Korea Co., Ltd., to operate the famous American hamburger brand 'Five Guys.' Hanwha Galleria will hold 100% of the shares.

Exterior of the first domestic store of the famous American hamburger brand 'Five Guys,' which Hanwha Galleria will open on Gangnam-daero in June. Hanwha Galleria announced on the 1st that it has established a subsidiary, FG Korea Co., Ltd., to systematically operate the store.
[Photo by Hanwha Galleria]

The new CEO will be Team Leader Minwoo Oh (42), who led the Five Guys brand launch preparation team.

CEO Oh, who majored in Food and Nutrition at Seoul National University, joined Hanwha in 2021 after working with several global dining brands. He recently returned after completing six weeks of operational training at a Five Guys store in Hong Kong with key personnel.

Hanwha Galleria plans to open the first domestic Five Guys store, Gangnam Branch, on Gangnam-daero between Gangnam Station and Sinnonhyeon Station in Seoul this June. The Gangnam Branch will have two floors covering 618㎡ (184 pyeong) with about 150 seats.

Five Guys is known as a popular burger in the United States. It is famous for not having freezers, timers, or microwaves in the kitchen and making patties fresh daily using fresh ingredients.

Since starting its franchise business in the early 2000s, it has expanded globally to Canada, the United Kingdom, France, Germany, and others. In Asia, Korea is the fifth country following Hong Kong, Singapore, China, and Malaysia.

A Hanwha Galleria official said, "With the establishment of the subsidiary, we have created an environment to operate Five Guys stores in Korea more systematically," adding, "We will continuously collaborate with FG Korea to successfully establish Five Guys in the market."

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