M&A Deal Summary

Habasit Holding Habasit Holding AG Acquires Namil Belt Industrial Co.

On December 9, 2019, Habasit Holding Habasit Holding AG acquired manufacturer Namil Belt Industrial Co.

Acquisition Highlights
  • This is Habasit Holding Habasit Holding AG’s 1st transaction in the Manufacturing sector.
  • This is Habasit Holding Habasit Holding AG’s 1st transaction in South Korea.

M&A Deal Summary

Date 2019-12-09
Target Namil Belt Industrial Co.
Sector Manufacturing
Buyer(s) Habasit Holding Habasit Holding AG
Deal Type Add-on Acquisition

Target

Namil Belt Industrial Co.

South Korea
Namil Belt Industrial Co., Ltd. is a conveyor and processing belting solutions company. Namil Belt Industrial Co., Ltd. was founded in 1978 and is based in South Korea.

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Buyer(S) 1

Buyer

Habasit Holding Habasit Holding AG

Reinach-Basel, Switzerland

Category Company
Founded 1946
Sector Manufacturing
DESCRIPTION

Habasit Holding Habasit Holding AG is a light conveyor and power transmission belting manufacturer. Habasit Holding Habasit was founded in 1946 and is based in Reinach-Basel, Switzerland.


DEAL STATS #
Overall 2 of 2
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: South Korea M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-08 NGI A/S

Norresundby, Denmark

NGI A/S is a manufacturer of certified hygienic levelling systems. The company has a global market leadership position and exports to +50 countries worldwide. Products are engineered, manufactured and sold directly from the headquarters in Denmark.

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