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New Deal


Announced

Hahn & Co to acquire the biofuels unit of SK Chemicals for $322m.

Financials

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Transaction Value£247m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private

biofuels

Majority

Single Bidder

South Korea

Alternative Fuels

Private Equity

Pending

Acquisition

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Synopsis

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Hahn & Co, a South Korean private equity house, agreed to acquire the biofuels unit of SK Chemicals, a chemicals producer, for $322m. The sale of the business, which makes biodiesel and bio-heavy oil, is expected to boost management efficiency of SK Chemicals and enable it to focus on investment for future growth engines of eco-friendly materials and life science.

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