CJ Corporation, doing business as CJ Group or simply CJ, is a South Korean conglomerate holding company, operating internationally. It is one of the largest chaebol headquartered in Seoul, South Korea. It comprises numerous businesses in various industries of Food & Food Service, Bio, Logistics & Retail, Entertainment & Media.[2] CJ Group was the first manufacturing business of Samsung.[3]
CJ comes from 'CheilJedang', which literally translates to "first sugar manufacture", the industry where it originally started.
Notable CJ affiliates include CJ CheilJedang (Food & Food Service), CJ Logistics (Logistics), CJ Olive Young (Health & Beauty Stores), CJ ENM (Entertainment & Media), and CJ CGV (Cinema Chain). The group is chaired by Lee Jay-hyun, the eldest grandson of Samsung founder Lee Byung-chul.
History
1955 to 1970
CJ was founded as 'CheilJedang Co., Ltd.' in August 1953[4] as a sugar and flour manufacturer and was originally part of Samsung Group, as its first manufacturing business. In 1958, it opened the first flour mill in South Korea[5] and in 1962, started exporting sugar to Okinawa, Japan. In 1965, CheilJedang's sugar business was branded as 'Beksul'.[6][7] The company entered into the seasoning market in 1963 with Mipoong, competing against Miwon, the then-best-seller by Daesang.[6]
1971 to 1990
Acquisitions
Affiliates
source:[2]
Food & Food Service
- CJ CheilJedang Food Business Division
- CJ Foodville
- Cheiljemyunso (noodle restaurant)
- The Steak House (New York style steak restaurant)
- TOUS Les JOURS (bakery franchise)[40]
- VIPS (premium steak & salad bar)
- CJ Freshway
See also
- CJ Cup