Hanon Systems - M&A Summary, Ownership, and Business Overview

AutomotiveCompany

Hanon Systems M&A Summary

Hanon Systems has acquired 3 companies of its own.

Hanon Systems’ largest acquisition to date was in 2014, when it acquired Cooper-Standard Automotive - Thermal and Emissions Product Line for $46M. Hanon Systems has acquired in 1 US state, and 3 countries. The Company’s most targeted sectors include automotive (67%) and manufacturing (34%).

Hanon Systems Ownership

Who owns Hanon Systems?

Hanon Systems is owned by Hankook & Company. It was acquired on November 8, 2024.

Was Hanon Systems formerly PE-backed?

Yes. Hanon Systems was formerly owned by 1 private investor.

Hanon Systems Business Overview

Where is Hanon Systems headquartered?

Hanon Systems is headquartered in Daedeok-gu, South Korea.

What sector is Hanon Systems in?

Hanon Systems is an automotive company.

When was Hanon Systems founded?

Hanon Systems was founded in 1986.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity3
  • Total Sectors Invested 2
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 1

Hanon Systems

Hanon Systems

95, Sinilseo-ro,
Daedeok-gu,
South Korea,
+82 4 2930 6114
www.hanonsystems.com

Hanon Systems is a full-line automotive supplier of climate systems and components. Products include heating ventilation and air conditioning; compressors; powertrain cooling; fluid transport; and electric, hybrid and fuel cell vehicle thermal systems. Hanon Systems was founded in 1986 and is based in Daedeok-gu, South Korea.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 3 - - - - - 3
vol $46M $46M
Sell (0.0/yr) # - - - - - - 0
  3

Most Recent M&A

Company Date Value Type
Magna International Fluid Pressure & Control Group 2018-09-20 - Buyout (LBO, MBO, MBI)
Aurora, Ontario
Cooper-Standard Automotive, Inc. - Thermal and Emissions Product Line 2014-06-30 46M USD Divestiture
Novi, Michigan
Japan Climate Systems Corp. 2014-06-03 - Stake Purchase
Higashi-Hiroshima, Japan · www.jcsaircon.co.jp
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Automotive 2 (67%) 46M (100%) - -
Manufacturing 1 (33%) - - -
Total 3 $46M - -

By Geo

State/Country Buy Value Sell Value
Canada 1 - - -
  Ontario 1 - - -
Japan 1 - - -
United States 1 46M - -
  Michigan 1 46M - -
Domestic - - - -
Cross-border 3 (100%) 46M (100%) - -
Total 3 $46M - -

Deal Values

buy # Total
< $100M 1 $46M
TOTAL $46M
Largest Cooper-Standard Automotive, Inc. - Thermal and Emissions Product Line
$46M (2014-06-30)

M&A Connections

Deals
Acquired from
Strategic(s)
33%
1 (33%)

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Automotive Companies , South Korea Companies