M&A Deal Summary

Hanwha Solutions Acquires Hanwha Fine Chemical Co.

On October 8, 2014, Hanwha Solutions acquired chemicals company Hanwha Fine Chemical Co.

Acquisition Highlights
  • This is Hanwha Solutions’ 1st transaction in the Chemicals sector.
  • This is Hanwha Solutions’ 2nd transaction in South Korea.

M&A Deal Summary

Date 2014-10-08
Target Hanwha Fine Chemical Co.
Sector Chemicals
Buyer(s) Hanwha Solutions
Deal Type Add-on Acquisition

Target

Hanwha Fine Chemical Co.

Yeosu, South Korea
Hanwha Fine Chemical Co., Ltd. is a manufacturer of chemical products.

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Buyer(S) 1

Buyer

Hanwha Solutions

Seoul, South Korea

Category Company
Founded 1965
Sector Chemicals
Employees7,250
Revenue 12.39T KRW (2024)
DESCRIPTION

Hanwha Solutions is a petrochemical company that produces organic and inorganic chemicals. The Company produces a full array of basic petrochemical products including LDPE (Low-Density Polyethylene), LLDPE (Linear Low-Density Polyethylene), and CA (Chlor-Alkali), all of which have since served as base products across a wide range of industries. Hanwha Solutions was founded in 1965 and is based in Seoul, South Korea.


DEAL STATS #
Overall 2 of 2
Sector: Chemicals M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: South Korea M&A 2 of 2
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-05-21 Hanwha Nanotech

Seoul, South Korea

Hanwha Nanotech Corp. is a developer and producer of single-walled and multi-walled carbon nanotubes. It offers carbon nanotube paste for lighting, BLU electron emitter, RFID tag antenna, functional film, and EMI shielding applications.

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