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  5. Poongsan Holdings Acquires Hwadong Co.

M&A Deal Summary

Poongsan Holdings Acquires Hwadong Co.

On January 12, 2012, Poongsan Holdings acquired retailer Hwadong Co.

Acquisition Highlights
  • This is Poongsan Holdings’ 1st transaction in the Retail sector.
  • This is Poongsan Holdings’ 1st transaction in South Korea.

M&A Deal Summary
Date 2012-01-12
Target Hwadong Co.
Sector Retail
Buyer(s) Poongsan Holdings
Deal Type Add-on Acquisition

Target

Hwadong Co.

Seoul, South Korea
Hwadong Co., Ltd. is a privately held company engages in brokerage of money, medal and ornaments.

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Buyer(S) 1

Buyer

Poongsan Holdings

Seoul, South Korea
Category Company
Founded 1968
Sector Metals/Mining
Revenue 449.4B KRW (2024)
DESCRIPTION

Poongsan Holdings is a manufacturer and seller of copper blanks and metal products worldwide. Poongsan Holdings was founded in 1968 and is based in Seoul, South Korea.

DEAL STATS #
Overall 1 of 1
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: South Korea M&A 1 of 1
Year: 2012 M&A 1 of 1
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