Godiva Asia Pacific

OVERALL
Owned	KOR
Rating

Chocolate

In 2019 Asian private equity firm MBK Partners purchased retail and distribution operations for four of Godiva's 100-plus markets; Japan, South Korea, Australia, and New Zealand.

Company Ownership

Godiva Asia Pacific	KOR
MBK Partners Ltd       owns 100% of Godiva Asia Pacific	KOR	website
Private equity firm Established in 2005 by Michael ByungJu Kim, a South Korean billionaire businessman. Acquired the Asia-Pacific arm of Godiva chocolates in 2019.

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Company Assessment

PRAISE	CRITICISM	INFORMATION
Godiva Asia Pacific
	Chocolate scorecard Be Slavery Free's 2022 Chocolate Scorecard rates all the major chocolate companies on their labour and environmental policies and practices. This company is rated as "Needs more work on policy and implementation". Source: Be Slavery Free (2022)
MBK Partners Ltd
		UN Principles for Responsible Investment signatory UNPRI is a set of six principles direct institutional investors may adopt to consider environmental, social and corporate governance issues when investing. UNPRI is a voluntary agreement. Source: UNPRI (2020)

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