Hahn & Co Acquires SK Shipping from SK Group

Hahn & Co. and Hana Financial Group Buy H-Line Shipping for 1.8 Trillion Won

May 24, 2020

Transportation

South Korea’s private equity firm Hahn & Co. and Hana Financial Group have agreed to buy a 100% stake in H-Line Shipping for 1.8 trillion won (~$1.45bn). The deal is structured as a leveraged buyout via a project fund (about 45% financed with debt) and is intended to move the shipping company’s ownership to long-term investors while supporting consolidation and growth in Hahn & Co.’s shipping platform.

Hahn & Co. Acquires SKC's Industrial (PET) Film Business

December 2, 2022

Manufacturing

South Korean private equity firm Hahn & Co. has completed the acquisition of SKC Ltd.'s industrial polyester (PET) film business for 1.6 trillion won (about $1.2 billion). The divestiture reflects SK Group's shift toward eco-friendly businesses while Hahn & Co. aims to expand the unit's presence in electronics, semiconductors and automotive end markets and raise its global market share.

Hillhouse Capital Acquires SK Eco Prime from Hahn & Company

January 2, 2024

Renewable Energy

Hillhouse Capital has completed the acquisition of SK Eco Prime, a leading South Korean biodiesel manufacturer, from Hahn & Company. The deal was reported to be valued at roughly 400–500 billion won; SK Eco Prime reported 829.3 billion won in revenue and 84.2 billion won in operating profit in 2022 under Hahn & Co.'s ownership.

Hahn & Co. (via Korean Air Catering) Acquires MyChef

April 11, 2022

Food & Beverage

Seoul-based private equity firm Hahn & Co. (through its 80%-owned unit Korean Air Catering & Duty Free Services Co.) has agreed to buy more than a 95% stake in South Korean meal-kit maker MyChef for about 75 billion won (~$61 million). The bolt-on deal — based on an enterprise value of roughly 100 billion won — is intended to boost Korean Air Catering’s procurement and product-development capabilities, scale MyChef’s automated production, and diversify MyChef’s customer base including inflight catering clients.

KKR Acquires Samhwa Co., Ltd.

September 4, 2025

Manufacturing

KKR has fully acquired South Korea–based cosmetics packaging manufacturer Samhwa Co., Ltd. from TPG in a transaction valued at KRW733 billion (approximately US$528 million). The acquisition positions KKR to support Samhwa's next phase of growth and global expansion in high-end cosmetics packaging, leveraging Samhwa's R&D capabilities and customer relationships with luxury beauty brands.

Hahn & Co. Acquires SKC's Fine Ceramics Business (Solmics)

February 2, 2024

Manufacturing

Hahn & Co. has acquired 100% of SKC's fine ceramics business for 360 billion won (about $270 million). The acquired business, renamed Solmics, produces high‑purity quartz and silicon‑carbide consumables for advanced semiconductor manufacturing and will operate under Hahn & Co.'s ownership to expand its position in the global semiconductor materials market.