CJ Freshway Expands Transactions with Small and Medium Partners... Increased by 19% Annually on Average

57% of Total Purchases Accounted for by SME Products
Building a Co-Growth Ecosystem in the Food Ingredient Distribution Industry

CJ Freshway announced on the 18th that the scale of transactions with domestic small and medium-sized partner companies has increased by an average of 19% annually over the past three years based on product purchase amounts.

Last year, products from small and medium-sized partner companies accounted for 57% of the total product purchase amount, more than half, and about 230 companies were found to have an annual transaction scale exceeding 1 billion KRW.

CJ Freshway Logistics Center exterior. CJ Freshway

CJ Freshway is strengthening partnerships with small and medium-sized partner companies and expanding a co-growth ecosystem in the food ingredient distribution industry. The company aims to support business growth and build a broad product portfolio by providing nationwide B2B food ingredient distribution channels to domestic SMEs, startups, and agricultural and fishery management entities corresponding to dining and catering business sites. They are promoting collaboration in various forms such as ▲developing private brand (PB) products ▲planning catering-exclusive products ▲commercializing local specialty restaurant menus.

A CJ Freshway official stated, "As the largest food ingredient distributor in Korea, we want to prioritize co-growth with our partners beyond simply being a food ingredient supplier," adding, "We will continue to discover competitive partners to create shared value, build a differentiated product portfolio, and do our best to provide abundant choices to consumers using dining and catering services."