M&A Deal Summary

DN Automotive Acquires DN Solutions

On August 13, 2021, DN Automotive acquired machinery company DN Solutions from MBK Partners for 2.40T KRW

Acquisition Highlights
  • This is DN Automotive’s 1st transaction in the Machinery sector.
  • This is DN Automotive’s 0th largest (disclosed) transaction.
  • This is DN Automotive’s 1st transaction in South Korea.

M&A Deal Summary

Date 2021-08-13
Target DN Solutions
Sector Machinery
Buyer(s) DN Automotive
Sellers(s) MBK Partners
Deal Type Add-on Acquisition
Deal Value 2.40T KRW

Target

DN Solutions

Seoul, South Korea
DN Solutions is a manufacturer of turning centers, machining centers and other precision machine tools. DN Solutions was founded in 1976 and is based in Seoul, South Korea.

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Buyer(S) 1

Buyer

DN Automotive

Yangsan-si, South Korea

Category Company
Founded 1971
Sector Automotive
Employees1,593
Revenue 3.43T KRW (2024)
DESCRIPTION

DN Automotive is a manufacturer and sale of automotive battery products. The company offers manufactures, purchases, and sells automobile anti-vibration products. DN Automotive was founded in 1971 and is based in Yangsan-si, South Korea.


DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: South Korea M&A 1 of 1
Year: 2021 M&A 1 of 1

Seller(S) 1

SELLER

MBK Partners

Hong Kong, China

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2005
PE ASSETS 30.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

MBK Partners is a private equity firm focused on opportunities throughout Northern Asia (Korea, Japan, China, and Taiwan). MBK specializes in a variety of transactions, including management buy-outs, corporate divestitures, take privates, and add-on acquisitions and will consider both majority and minority positions. Sectors of interest include telecommunication/media, financial services, heavy industrials, consumer, pharmaceuticals, and business services. MBK Partners was formed in 2005 and is based in Hong Kong. The Firm has additional offices in Seoul, Tokyo, and Shanghai.


DEAL STATS #
Overall 20 of 21
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 11 of 11
Country: South Korea M&A 8 of 8
Year: 2021 M&A 2 of 3
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-09 Car

Beijing, China

Car is a provider of automobility, car rental and fleet rental services to individual and corporate customers. The company's technology- and innovation-driven business model, combined with the effective strategy of expansion along the value chain, enables it to provide auto mobility solutions that evolve with times, enhance customer experience, and capture opportunities arising from revolutionary changes in the auto related industry. Car was founded in 2007 and is based in Beijing, China.

Buy $1.1B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-15 Accordia Golf

Tokyo, Japan

Accordia Golf is a diversified owner of golf courses and golf driving ranges across Japan. Accordia Golf was founded in 1981 and is based in Tokyo.

Sell $3.5B