M&A Deal Summary

LG Acquires Zenith Electronics

On January 1, 1999, LG acquired electronics company Zenith Electronics

Acquisition Highlights
  • This is LG’s 1st transaction in the Electronics sector.
  • This is LG’s 1st transaction in the United States.
  • This is LG’s 1st transaction in Illinois.

M&A Deal Summary

Date 1999-01-01
Target Zenith Electronics
Sector Electronics
Buyer(s) LG
Deal Type Add-on Acquisition

Target

Zenith Electronics

Lincolnshire, Illinois, United States
Zenith Electronics LLC specializes in consumer electronics, hospitality, and healthcare products, as well as broadcasting standards and technologies.

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Buyer(S) 1

Buyer

LG

Seoul, South Korea

Category Company
Founded 1947
Sector Electronics
Employees194
Revenue 7.45T KRW (2023)
DESCRIPTION

LG engages in the marketing of electric and electronic components, resins, paintings, steels, machineries, as well as helicopters and helicopter parts. The Company operates its businesses within domestic market and in overseas markets. LG was founded in 1947 and is based in Seoul, South Korea.


DEAL STATS #
Overall 1 of 5
Sector (Electronics) 1 of 1
Type (Add-on Acquisition) 1 of 4
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (1999) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-27 Silicon Works

Daejeon, South Korea

Silicon Works Co., Ltd. is a manufacturer of semiconductor company.

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