M&A Deal Summary

Hahn & Company Acquires Korean air Catering & Duty free

On August 31, 2020, private equity firm Hahn & Company acquired airliner Korean air Catering & Duty free for 990.6B KRW

Acquisition Highlights
  • This is Hahn & Company’s 1st transaction in the Airlines sector.
  • This is Hahn & Company’s 5th largest (disclosed) transaction.
  • This is Hahn & Company’s 14th transaction in South Korea.

M&A Deal Summary

Date 2020-08-31
Target Korean air Catering & Duty free
Sector Airlines
Buyer(s) Hahn & Company
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 990.6B KRW

Target

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.

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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 14 of 20
Sector: Airlines M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 6 of 8
Country: South Korea M&A 14 of 19
Year: 2020 M&A 2 of 2
Size (of disclosed) 5 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-01 SK eco prime

Seoul, South Korea

SK eco prime is an eco-friendly bioenergy company, that creates bioenergy products using our world-class technology and supply them to customers. SK eco prime was founded in 2007 and is based in Seoul, South Korea.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-08 SK Microworks

Seoul, South Korea

SK Microworks is a provider of polyester film (PET) business. SK Microworks is based in Seoul, South Korea.

Buy $1.3B