KKR Acquires Samhwa Co., Ltd.

TPG Agrees to Acquire Samhwa

July 18, 2023

Manufacturing

TPG Inc. has agreed to acquire a 100% stake in South Korean cosmetic packaging supplier Samhwa Co. in a deal valued in the mid-$230 million range. The transaction will purchase controlling shares held by CEO Cho Seong-hwan, founder Cho Hwi-cheol and affiliated persons, with CEO Cho expected to retain a minority stake.

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.

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.

HPS Investment Partners Acquires Majority Stake in SGS & Co

May 1, 2023

Marketing & Advertising

HPS Investment Partners has completed a transaction to acquire a majority equity stake in SGS & Co, a global provider of technology-enabled brand design, digital marketing, and packaging artwork services. The deal restructures SGS's capital structure with substantial debt reduction and positions the company to accelerate investments in technology, automation, and service expansion.

TricorBraun Acquires SGB Packaging Group

July 22, 2021

Packaging

TricorBraun, a global packaging distributor based in St. Louis, has acquired New Jersey-based SGB Packaging Group, a full-service sales representative and supplier for cosmetics, skin care, fragrance and personal care packaging. The acquisition expands TricorBraun's supplier network and strengthens its presence in prestige and masstige personal care end markets; SGB will continue operating out of Hackensack, New Jersey with its management team in place.