M&A Deal Summary

Hahn & Company Acquires SK - Polyester Film Business

On June 8, 2022, private equity firm Hahn & Company acquired business services company SK - Polyester Film Business from SK for 1.3B USD

Acquisition Highlights
  • This is Hahn & Company’s 1st transaction in the Business Services sector.
  • This is Hahn & Company’s 3rd largest (disclosed) transaction.
  • This is Hahn & Company’s 10th transaction in South Korea.

M&A Deal Summary

Date 2022-06-08
Target SK - Polyester Film Business
Sector Business Services
Buyer(s) Hahn & Company
Sellers(s) SK
Deal Type Divestiture
Deal Value 1.3B USD

Target

SK - Polyester Film Business

Seoul, South Korea
SK's Polyester (PET) Film Business is a provider of polyester film (PET) business. SK - Polyester (PET) Film Business is based in seoul, South Korea.

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Buyer(S) 1

Buyer

Hahn & Company

Investor


Category Private Equity Firm
Founded 2010
PE ASSETS 3.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Hahn & Company is a South Korean private equity firm focused on acquiring majority positions in companies. The Firm does not have any sector preferences and looks to have direct and active involvement in the companies acquired. Hahn & Company was formed in 2010 and is based in Seoul.


DEAL STATS #
Overall 10 of 11
Sector (Business Services) 1 of 1
Type (Divestiture) 3 of 3
Country (South Korea) 10 of 11
Year (2022) 1 of 1
Size (of disclosed) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-31 Korean air Catering & Duty free

Seoul, South Korea

Korean air Catering & Duty free is an in-flight meal production company which has production facilities in Korea and is also engaged in in-flight duty free sales. Korean air Catering & Duty free is based in Seoul, South Korea.

Buy ₩990.6B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-05 SsangYong C&E

Seoul, South Korea

SsangYong C&E is a cement manufacturer. SsangYong C&E was founded in 1962 and is based in Donghae, South Korea.

Buy $525M

Seller(S) 1

SELLER

SK

Seoul, South Korea

Category Company
Founded 1991
Sector Diversified
Revenue 131.24T KRW (2023)
DESCRIPTION

SK is a holding company engaged in management of its subsidiaries. engages in petroleum refining, telecommunication, wholesale and retail, chemicals, construction, sea transportation, information communications, and other businesses. SK was founded in 1991 and is based in Seoul, South Korea.


DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 1
Country (South Korea) 1 of 1
Year (2022) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-12 KCF Technologies Co

Dongan-gu, South Korea

KCF Technologies Co Ltd is a producer of copper foils and flexible copper clad laminates predominantly used in li-ion batteries for electric vehicle applications. The Company offers flexible copper clad laminates for high-resolution video signals to LED displays, computer screens, and mobiles.

Buy $1.0B