M&A Deal Summary

LS Automotive Acquires KCF Technologies Co.

On March 4, 2018, LS Automotive acquired automotive company KCF Technologies Co.

Acquisition Highlights
  • This is LS Automotive’s 1st transaction in the Automotive sector.
  • This is LS Automotive’s 1st transaction in South Korea.

M&A Deal Summary

Date 2018-03-04
Target KCF Technologies Co.
Sector Automotive
Buyer(s) LS Automotive
Deal Type Add-on Acquisition

Target

KCF Technologies Co.

South Korea
KCF Technologies Co. Ltd. is a copper foil business segment of LG Metal, KCFT is a globally leading producer of copper foils and flexible copper clad laminate manufacturing business. KCFT is increasing the supply its products to meet the rapidly rising demand for electric vehicles and high-quality, high-resolution OLED display products. As of 2016, KCFT recorded revenue and operating profits of KRW176 billion and KRW15 billion. KCFT's key customers are global electric vehicle battery producers and display manufacturers, including LG Chemical, Samsung SDI, Panasonic, CATL and LG Innotec.

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Buyer(S) 1

Buyer

LS Automotive

Anyang-si, South Korea

Category Company
Founded 1973
Sector Automotive
DESCRIPTION

LS Automotive is a vehicle components manufacturer that achieved strong growth and market expansion including China and continues to engage in proactive investment in R&D for the future such as autonomous and electric vehicle components. LS Automotive was founded in 1973 and is based in Anyang-si, South Korea.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: South Korea M&A 1 of 1
Year: 2018 M&A 1 of 1