Solmics Co., Ltd acquired Fine ceramics business of SKC solmics Co., Ltd.
February 02, 2024
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Solmics Co., Ltd entered into an agreement to acquire Fine ceramics business of SKC solmics Co., Ltd. for KRW 360 billion on July 10, 2023. Fine ceramics business of SKC solmics Co., Ltd. reported Total worth of KRW 215.5 billion and Revenue of KRW 202.1 billion in December 21, 2022. As on October 30, 2023 Hahn & Company entered into definitive agreement to acquire Fine ceramics business of SKC solmics Co., Ltd. The deal is expected to close in January 31, 2024. Transaction is expected to complete on February 2, 2024. PricewaterhouseCoopers Korea, Financial Advisory Arm acted as the financial advisor to SKC solmics Co., Ltd.
Solmics Co., Ltd completed the acquisition of Fine ceramics business of SKC solmics Co., Ltd. on February 2, 2024.
SK EnPulse Co Ltd is a company located in South Korea. The Company is principally engaged in the manufacture and sale of functional semiconductors and FPD component materials based on fine ceramics and silicon. The Companyâs products consist of alumina (Al2O3) ceramics including focus rings, edge rings, ring confinement caps and others; silicon (Si) parts, including Si focus rings, Si edge rings and Si electrodes; silicon carbide (SiC) parts, which include boats, tubes and caps used in chemical vapor deposition (CVD) and low pressure (LP) CVD processes; quartz parts, which are used in dry etching and diffusion processes, and precision cleaning products, such as belljars, lid-liners and cathodes. It also provides solar wafers. The Company distributes its product within domestic market and to overseas markets.