M&A Deal Summary

SsangYong C&E Acquires Daehan Cement

On June 26, 2017, SsangYong C&E acquired building materials company Daehan Cement

Acquisition Highlights

This is SsangYong C&E’s 1st transaction in the Building Materials sector.
This is SsangYong C&E’s 1st transaction in South Korea.

M&A Deal Summary
Date	2017-06-26
Target	Daehan Cement
Sector	Building Materials
Buyer(s)	SsangYong C&E
Deal Type	Add-on Acquisition

Target

Daehan Cement

Gwangyang, South Korea

Daehan Cement is a slag cement producer. Daehan Cement was founded in 1996 and is based in Gwangyang, South Korea.

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Buyer(S) 1

Buyer

SsangYong C&E

Seoul, South Korea

Category	Company
Founded	1962
Sector	Building Materials
Revenue	1.47T KRW (2020)

DESCRIPTION

SsangYong C&E is a cement manufacturer. SsangYong C&E was founded in 1962 and is based in Donghae, South Korea.

DEAL STATS	#
Overall	1 of 1
Sector: Building Materials M&A	1 of 1
Type: Add-on Acquisition M&A Deals	1 of 1
Country: South Korea M&A	1 of 1
Year: 2017 M&A	1 of 1