Hanwha Group completed the acquisition of a 24% stake in Dyna-Mac from Keppel for $74m.

Synopsis

Hanwha Group, a business conglomerate in South Korea, completed the acquisition of a 24% stake in Dyna-Mac, a floating facility designer and manufacturer, from Keppel, an infrastructure company, for $74m.

Principals

target

DYNA-MAC

bidder

Hanwha Group

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Market Context

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Seller Team (1)

lim ah cheng

CEO at DYNA-MAC

Manager

target

Deal

£ 59 M

Total Value

Vendor Team (1)

chin hua loh

CEO at KEPPEL CORP LTD

Manager

vendor

Deals

£ 5.23 B

Total Value

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