Muhak: brands it owns and its ownership tree
Muhak (KRX: 033920) is a publicly listed company headquartered in Changwon, South Korea that owns 4 consumer brands.[1]
Muhak is a South Korean soju maker based in Changwon, South Gyeongsang. Its own history page traces it to Showa Liquor Industries, founded in Masan in 1929, taken over in 1965 by Choi Wi-seung, who renamed it Muhak Brewery. It merged 36 breweries in the province in 1973, registered on KOSDAQ in 1998, moved to KOSPI in 2010 and bought the Vietnamese liquor company Victory in 2017. It says it exports to 38 countries.
-
brands owned
-
1
categories
-
0
acquisitions recorded
-
0
divestitures recorded
Company facts
- Legal name
- Muhak Co., Ltd. (also 무학)
- Type
- publicly listed company · see all publicly listed company owners
- Headquarters
- 🇰🇷 Changwon, South Korea
- Founded
- 1929
- Tickers
- KRX: 033920
- Website
- www.muhak.co.kr
- Last verified
- · 1 sources
Muhak in numbers
- Muhak owns 4 consumer brands tracked here across 1 top-level categories; the largest is beverages with 4 brands.[1]
Everything Muhak owns
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Full-screen interactive tree →
Brand portfolio by category
Recent changes to this record
Frequently asked questions
What brands does Muhak own?
Muhak owns 4 consumer brands tracked here, including Good Day, White, Muhak and Good Day Busan Seagull.
Is Muhak a South Korean company?
Yes. Muhak is headquartered in Changwon, South Korea and was founded in 1929.
Who owns Muhak?
Muhak is a publicly listed company owned by its shareholders; it trades as 033920 on the KRX.
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] Muhak — history (무학의 역사) — Muhak Co., Ltd., Official document; retrieved 3 October 2026.
Report a correction Opens a pre-filled GitHub issue. See our corrections policy.