GS Group

{{Short description|South Korean conglomerate}}

{{About|the South Korean company GS Group |the Russian company GS Group|General Satellite}}

{{more citations needed|date=September 2014}}

{{Use dmy dates|date=July 2022}}

{{Infobox company

| name = GS Holdings

| logo = GS logo (South Korean company).svg

| type = Public

| industry = Energy, retail, construction

| traded_as = {{kse|078930}}

| foundation = {{Start date and age|2005}}

| hq_location = GS Tower

| hq_location_city = Seoul

| hq_location_country = South Korea

| key_people = Huh Tae-soo

| area_served =

| num_employees =

| revenue =

| owners = Huh family (50.42%)

| subsid =

| website = {{URL|https://www.gs.co.kr/en/main|gs.co.kr}}

}}

GS Group is one of the largest South Korean conglomerates. GS comprises GS Holdings, subsidiaries & affiliates including GS Caltex, GS Retail, GS Shop, GS EPS, GS Global, GS Sports and GS E&C among others. The asset size is 65.4 trillion KRW at the end of 2019 placing GS as the 8th largest chaebol in Korea excluding the public business companies.

GS Holdings was incorporated in July 2004{{cite web|title=About GS – Company – History |publisher=GS Holdings |url=http://www.gsholdings.co.kr/eng/about/status/history.asp |archive-url=https://web.archive.org/web/20150924040909/http://www.gsholdings.co.kr/eng/about/status/history.asp |url-status=dead |archive-date=24 September 2015 |access-date=3 February 2013 }} and officially split from LG Group in January 2005, with the Koo family gaining full control over LG Group and the Huh family creating GS Holdings.{{cite book | last1 = Srivastava | first1 = Sanjay | last2 = Jhajharia | first2 = Parul | title = Cases in management | publisher = PHI Learning Pvt Ltd | date = 2011 | page = 105 | url = https://books.google.com/books?id=c6DMEAsSYzwC&q=korea+gs+group&pg=PA105 | isbn = 978-81-203-4158-6}}

Convenience stores and other retail companies which formerly operated under the LG logo were rebranded as "GS", which like "LG", comes from the old name, "Lucky-Goldstar".

In December 2005, the company acquired 70% of the shares of GS EPS Co., Ltd. (formerly LG Energy Co., Ltd.) from GS E&C Corporation and LG International Corp.