Hahn & Co. Acquires SKC's Industrial (PET) Film Business
December 2, 2022
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.
- Buyers
- Hahn & Co.
- Targets
- SKC's industrial film business (polyester / PET film)
- Sellers
- SKC Ltd.
- Industry
- Manufacturing
- Location
- Seoul, South Korea
- Transaction Type
- Divestiture
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