# Cosmo First and Filmax form 50:50 joint venture

Cosmo First and Korea's Filmax Corporation finalized a 50:50 joint venture agreement. The new entity will introduce Cosmo First's business verticals in South Korea and leverage Cosmo's global network to take Filmax products to international markets.

- Type: Acquisition
- Announced: 2025-11-24
- Where: South Korea
- Status: announced
- Products: BOPP films, CPP products, specialty films
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Cosmo First](https://endata.com/companies/13144.md) (partner)
- [Filmax Corporation](https://endata.com/companies/15058.md) (partner)

## Sources

- [mergers-alliance.com](https://www.mergers-alliance.com/stewart-co-finalizes-joint-venture-agreement-between-cosmo-first-and-filmax/), 2025-11-24: "By joining hands with Filmax Corporation, we merge global innovation with South Korean excellence."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.