GnCenergy Co., Ltd completed the acquisition of POSCO INTERNATIONAL POWER LTD from Posco International Corporation for KRW 29.5 billion.
June 28, 2024
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GnCenergy Co., Ltd (KOSDAQ:A119850) agreed to acquire POSCO INTERNATIONAL POWER (PNGLAE) LTD from Posco International Corporation (KOSE:A047050) for KRW 30 billion on May 14, 2024. The transaction is expected to close on June 30, 2024.
GnCenergy Co., Ltd (KOSDAQ:A119850) completed the acquisition of POSCO INTERNATIONAL POWER (PNGLAE) LTD from Posco International Corporation (KOSE:A047050) for KRW 29.5 billion on June 28, 2024.
GnCenergy Co., Ltd is a Korea-based company mainly engaged in the development and manufacture of electricity generation equipment. The Company operates three main businesses: diesel engine electricity generation business, small size cogeneration business and bio gas electricity generation business. Its main products are electricity generation equipment, such as diesel engine generators, gas generators, gas turbine generators and others. The Companyâs main customers consist of telecommunication companies, such as KT, SK Telecom and LG U+; information technology (IT) companies, such as Samsung SDS, LG CNS, SK C&C, NHN Corporation and others, and hardware companies, such as Samsung Electronics and LG Electronics.
GNCENERGY CO., LTD 
