SEWONCELLONTECH Co., Ltd. announced that it has received KRW 68 billion in funding from Meritz Capital Co., Ltd., Meritz Fire & Marine Insurance Co., Ltd., Meritz Securities Co., Ltd., Sunny Electronics Corp.
May 18, 2021
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On May 18, 2021, SEWONCELLONTECH Co., Ltd. (KOSE:A091090) closed the transaction.
Sewon E&C Co Ltd, formerly Sewon Cellontech Co Ltd, is a Korea-based company principally engaged in the manufacture and sale of process equipment. The Company operates its business through three segments. The Process Equipment Business segment is engaged in the design and manufacture of process equipment such as heat exchangers and reactors, among others. This segmentâs products are used in petrochemicals, oil and gas, power generation, among others. The Power Limb Business segment produces and supplies power limb such as pumps, valves, cylinders and others. This segmentâs products are used in automobile equipment, machine tools and steel equipment, among others. The Other Business segment manufactures glass lining equipment, centrifuges and others.
SEWONCELLONTECH Co., Ltd. announced that it has received KRW 68 billion in funding from Meritz Capital Co., Ltd., Meritz Fire & Marine Insurance Co., Ltd., Meritz Securities Co., Ltd., Sunny Electronics Corp.
SEWON E&C CO., LTD. 