Jangwon Remicon Acquires SsangYong Remicon from SsangYong C&E

SMEC Acquires Hyundai Wia’s Machine Tool Division (via Consortium with Rylson Private Equity)

October 10, 2024

Industrial Services

SMEC Co., Ltd. has signed an MOU to acquire Hyundai Wia’s Machine Tool Division, with an estimated acquisition cost of about 340 billion won. SMEC is forming a consortium with Rylson Private Equity, which will participate as a financial investor to support the acquisition negotiation.

CJ CheilJedang Acquires Schwan's Company for $1.84B

February 13, 2019

Food & Beverage

CJ CheilJedang agreed to acquire U.S. frozen food maker Schwan's Company for $1.84 billion to establish a K‑Food expansion platform and scale its production, distribution and R&D footprint across North America. The deal excludes Schwan's Home Service division; financing includes approximately $1.34 billion from CJ funds and a $500 million loan backed by Schwan's Company, with 20% of shares from the major shareholder to be reinvested.

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.

RESVION Acquires Tremonia Mobility from AEQUITA

July 28, 2025

Automotive

RESVION, a Frankfurt-based investment company, has acquired the shares of Tremonia Mobility GmbH, the Dortmund-based minibus manufacturer, from Munich-based AEQUITA. RESVION said it will accelerate Tremonia's growth and drive its expansion across Europe while supporting development of low-emission and flexible mobility solutions.

Volvo Construction Equipment Completes Acquisition of Swecon (Including Entrack) for 7 Billion SEK

February 1, 2026

Industrial Services

Volvo Construction Equipment (Volvo CE) has completed its acquisition of Swecon’s business operations in Sweden, Germany, and the Baltics (including Entrack) from Lantmännen for an enterprise value of 7 billion SEK. The deal brings Swecon’s retail, rental, aftermarket services, offices, workshop facilities, and about 1,400 employees under Volvo CE ownership, strengthening Volvo CE’s direct control over the end-to-end customer experience across key European markets.

Sumitomo Corporation Acquires Saconix LLC

June 8, 2023

Industrial Services

Sumitomo Corporation, through Sumitomo Corporation of Americas, has completed the acquisition of Saconix LLC from Copperbeck Energy Partners, making Saconix a wholly owned subsidiary of the Sumitomo Corporation Group. The deal adds sulfuric acid storage tanks and transloading facilities in the U.S. West and Gulf Coast, expanding Sumitomo's North American logistics capacity and boosting its global sulfuric acid trading and storage footprint.