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

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.

Hahn & Co Acquires SK Shipping from SK Group

April 27, 2021

Transportation

Hahn & Co acquired SK Shipping (the shipping arm of SK Group) in October 2018 in a deal worth about 1.5 trillion won that included purchase of debt and a capital injection, leaving Hahn & Co as the largest shareholder with a 71.43% stake while SK Holdings retained a minority stake. The private equity owner recapitalized and restructured the company, cut its debt burden, refocused on long-term contracts and environmental compliance, and helped SK Shipping return to profitability.

Momentive Technologies Acquires Spherical Alumina and Silica Businesses from Sibelco (South Korea)

October 1, 2024

Manufacturing

Momentive Technologies has completed the acquisition of Sibelco’s spherical alumina and spherical silica businesses in South Korea. The deal expands Momentive’s ceramic powder portfolio and strengthens its thermal filler capabilities for thermal interface materials used across electric vehicles, AI, renewable energy, consumer electronics and telecommunications markets.

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.

LifeSemantics Merges with Sphere Korea

March 1, 2025

Aerospace & Defense

LifeSemantics has approved a merger agreement to combine with Sphere Korea, a Tier-1 supplier of special alloys for rocket launch vehicles, effective March 1. The deal gives LifeSemantics Tier-1 vendor status and aims to internalize Sphere Korea's precision processing and testing capabilities to reduce costs and drive sales growth.