HDC Hyundai Engineering completed the acquisition of PPS business from SK Chemicals for $33m.

Synopsis

HDC Hyundai Engineering, a manufacturer of chemical products, completed the acquisition of polyphenylene sulfid business from SK Chemicals, a chemical company, for $33m.

Principals

target

Sk Chemicals (pps Business)

bidder

Hdc Hyundai Engineering Plastics Co

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Market Context

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Bidder Team (1)

chung joong kyu

CEO at HDC HYUNDAI ENGINEERING PLASTICS CO

Manager

bidder

Deal

£ 24 M

Total Value

Vendor Team (3)

kim cheol

Co-CEO at SK CHEMICALS

Manager

vendor

Deals

£ 271 M

Total Value

byeong-joon goh

KPMG

Financial Advisor

vendor

Deals

£ 2.17 B

Total Value

young-jin oh

Senior Manager at KPMG

Financial Advisor

vendor

Deals

£ 2.17 B

Total Value

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