Corporate Investor

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SPC Samlip

SPC Samlip was established in 1945 and functions as a subsidiary within SPC Group. Hur Young-in founded the broader group and remains chairman; his sons Hur...

SPC Samlip logo

SPC Samlip

SPC Samlip was established in 1945 and functions as a subsidiary within SPC Group. Hur Young-in founded the broader group and remains chairman; his sons Hur Jin-su and Hur Hee-soo serve as vice chairman and president. The company focuses on food manufacturing and holds direct ownership in operating businesses such as Mildawon in flour, SPC GFS in logistics, SPL in frozen dough, and Shany in confectionery. Its footprint centers on South Korea with factories in Siheung, Daegu, Chungju, Cheongju, Seocheon, and Sejong plus an AI-enabled facility under development in Chungcheongbuk-do. A 2023 partnership with SK Inc. targets alternative food technologies and a distribution agreement covers Eat Just plant-based products. SPC Samlip employs an undisclosed number of professionals and maintains its headquarters in Siheung-si. It sponsors industry events including the November 2024 Seoul International Cafe Show where it launched the B2B brand Yaam. The SPC Happy Foundation, established in 2011, handles group philanthropy in education, health, and welfare. Ownership flows through Paris Croissant as the de facto holding company and Sangmidang Holdings for certain subsidiaries, creating a layered corporate structure rather than a standalone investment vehicle.

General information

Firm type

Corporate Investor

Year founded

1945

AUM

Undisclosed

Location

Region

Asia

Country

South Korea

City

Siheung-si

Corporate office

101, Gongdan 1-daero, Siheung-si, Gyeonggi-do, South Korea

Principals

Hur Young-in

Chairman of SPC Group

Hur Jin-su

Vice Chairman of SPC Group

Hur Hee-soo

President of SPC Group

Sector focus

Consumer StaplesFood Manufacturing

Frequently asked questions

Who runs investment decisions at SPC Samlip?

Hur Young-in as chairman of SPC Group sets overall direction. Day-to-day subsidiary oversight falls to Hur Jin-su and Hur Hee-soo.

Does SPC Samlip participate in fund commitments or only direct deals?

The firm holds 100 percent ownership in operating subsidiaries through direct equity rather than external fund commitments.

Where does the underlying wealth come from?

Wealth originates from food manufacturing and distribution operations under SPC Group, including bakery, confectionery, and frozen products.

How is SPC Samlip related to SPC Group?

SPC Samlip operates as a subsidiary of SPC Group with Paris Croissant serving as the de facto holding company and major shareholder.

What geographic regions does SPC Samlip cover?

All operations and holdings are located in South Korea with production facilities in Gyeonggi-do, Daegu, Chungcheongbuk-do, and Chungcheongnam-do.

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