TPG Agrees to Acquire Samhwa

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.

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.

IPACKCHEM Group Acquires Majority Stake in TPG Plastics LLC

October 5, 2022

Packaging

IPACKCHEM Group acquired a majority stake in TPG Plastics LLC to bring its Advanced In‑Mold Fluorination (Advanced IMF) barrier packaging technology to North America and serve the crop protection market. The deal gives IPACKCHEM a manufacturing foothold in Murray, Kentucky and includes near‑term investments to expand capacity and support growth into additional life‑enhancing chemical segments.

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.

TPG Acquires 99.02% Stake in Poonawalla Housing Finance

July 27, 2023

Financial Services

TPG, through its Asia-focused private equity platform TPG Capital Asia, has completed the acquisition of a 99.02% equity stake in Poonawalla Housing Finance Limited from Poonawalla Fincorp Limited and will infuse up to INR 1,000 crore of additional equity to support growth. PHFL is a pan‑India affordable housing finance company with a deep branch network and ~Rs. 6,571 crore AUM (Jun'23); TPG intends to partner with existing management to scale the business in the affordable housing segment.

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.