Samsung SDS has acquired the remaining shares in Woojung Air, taking full ownership of the South Korean air cargo operator, Seoul Economic Daily reports.

The deal converts the logistics and IT services affiliate of Samsung Group into sole shareholder of a niche freight carrier, consolidating control over an asset that sits inside the group's broader logistics operations. Samsung SDS, which runs the Celonis-rival supply-chain platform business and integrated logistics services, previously held a partial stake in the company.

Why does an IT services firm want an airline?

Full ownership of Woojung Air gives Samsung SDS direct control over air freight capacity that supports its contract logistics business, rather than relying on third-party carriers or chartered capacity. For a company whose logistics arm competes with global forwarders on promised delivery performance, in-house cargo capacity is a structural advantage.

The move also fits a pattern among large logistics integrators: controlling the asset layer allows the parent to guarantee capacity during peak seasons and to bundle air freight into end-to-end supply-chain contracts with electronics and semiconductor customers — the core of Samsung SDS's client base.

What is known about the transaction?

Seoul Economic Daily, which first reported the acquisition, did not disclose the purchase price, the size of the stake previously held, or the transaction's expected closing date. The report confirms the buyer and target but leaves the financial terms undisclosed.

Woojung Air operates as a specialist air cargo firm within South Korea's freight market. The scale of its fleet and its route network were not detailed in the initial report.

What comes next?

Full absorption into Samsung SDS positions Woojung Air for integration with the group's logistics technology stack, and further details on fleet plans, network expansion or the deal's valuation are expected to surface in subsequent regulatory and corporate filings.