Who owns Baekmidang?
Baekmidang is owned by Namyang Dairy (South Korea, KRX: 003920).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: Namyang Dairy Products Co., Ltd. Business Report (사업보고서) for fiscal year 2025, filed with DART, 19 March 2026. Last checked .
Key facts
- Current owner
- Namyang Dairy Products Co., Ltd. reported
- Owner HQ
- 🇰🇷 South Korea, Seoul
- Origin
- 🇰🇷 South Korea
- Category
- Restaurants & foodservice › Quick-service restaurants › Ice cream & dessert chains
- Parent ticker
- KRX: 003920
- Last verified
- · 1 sources
About Baekmidang
Baekmidang is Namyang's brand of shops selling coffee and ice cream. Following an October 2024 board decision, Namyang transferred the restaurant and café business run under the brand to Baekmidang I&C on 1 January 2025, as an in-kind contribution. The wholly owned subsidiary, set up in September 2024, makes and sells the ice cream and coffee. It had total assets of 21.8 billion won and a net profit of 2.4 billion won in 2025.
Ownership timeline of Baekmidang
- Current owner Namyang Dairy [1] reported
Where Baekmidang sits in Namyang Dairy
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Namyang Dairy ownership tree →
See the full Namyang Dairy brand portfolio (9) →
Other brands owned by Namyang Dairy
Namyang Dairy controls 9 brands on Brandtree.
- 17 Cha (2015)
- Bulgaris (1991)
- Choco Emong (2011)
- Devinch (2017)
- French Cafe (2010)
- I'm Mother (2006)
- Imperial XO (1993)
- Masinneun Uyu GT (2003)
Other brands in ice cream & dessert chains, and who owns them
The 12 brands in ice cream & dessert chains on Brandtree belong to 11 owners. The largest is MTY Group, with 2.
| Brand | Owner | Owner based in |
|---|---|---|
| Cold Stone Creamery | MTY Group | 🇨🇦 Canada |
| After You | After You | 🇹🇭 Thailand |
| Dairy Queen | Berkshire Hathaway | 🇺🇸 United States |
| La Estación | Dos Pinos | 🇨🇷 Costa Rica |
| Milky Lane | Famous Brands | 🇿🇦 South Africa |
| Helados Bon | Grupo Nutresa | 🇨🇴 Colombia |
| Palazzo del Freddo Giovanni Fassi | Haitai | 🇰🇷 South Korea |
| Ibaco | Hatsun Agro | 🇮🇳 India |
About the owner: Namyang Dairy
Namyang Dairy is a publicly listed company headquartered in Seoul, South Korea, founded in 1964. Brandtree records 9 brands under its control, and it is listed as KRX: 003920.
Namyang Dairy Products is a South Korean dairy company founded on 13 March 1964 and listed on the Korea Exchange since June 1978. It makes milk, infant formula, fermented milk, cheese, coffee mixes and drinks at five plants. Consolidated sales were 914.1 billion won in 2025: 54.0% from milk, 21.1% from formula and 24.9% from other products. Hahn & Co Dairy Holdings, owned by a Hahn & Company private equity fund, became the largest shareholder on 30 January 2024, when Hong Won-sik and two other sellers received the full price for their shares. It held 63.2% at the end of 2025.
Namyang Dairy: full profile, brands and acquisition history →
🇰🇷 Baekmidang and other South Korean brands
Brandtree records a controlling owner for 237 brands that began in South Korea. 12 of them (5%) are now controlled by a company headquartered in another country; Baekmidang is not one of them.
- Compose Coffee — Jollibee Group 🇵🇭
- 4DX — CJ CGV 🇰🇷
- A Café La — Binggrae 🇰🇷
- A'pieu — Able C&C 🇰🇷
- A-Solution — Aekyung 🇰🇷
- ATOPALM — Neopharm 🇰🇷
Frequently asked questions
Who is the parent company of Baekmidang?
The parent company of Baekmidang is Namyang Dairy, a publicly listed company headquartered in South Korea.
Is Baekmidang South Korean?
Yes. Baekmidang originated in South Korea and its owner, Namyang Dairy, is also headquartered in South Korea.
Is Baekmidang still owned by Namyang Dairy?
Yes. As of 26 October 2026, Baekmidang is still owned by Namyang Dairy. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Namyang Dairy Products Co., Ltd. Business Report (사업보고서) for fiscal year 2025, filed with DART — Namyang Dairy Products Co., Ltd., Stock exchange filing, published 19 March 2026; retrieved 26 October 2026.
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