SKC's semiconductor material business sold to Hahn & Company for 360 billion won

COMPANY / Reporter Paul Lee / 2023-11-01 02:50:43
 

 

[Alpha Biz=(Chicago) Reporter Paul Lee] SKC's semiconductor material business investor SK Enpulse said on Oct. 31 that it has decided to transfer its fine ceramics business to Hahn & Company for 360 billion won.

Shortly after the board of directors, the two companies signed a business transfer contract. SK Enpulse plans to close the deal in January next year after going through necessary procedures such as an extraordinary shareholders' meeting next month.

Fine ceramics refer to materials with higher electrical properties, durability, etc. than conventional ceramic materials through high-purity inorganic compounds.

SK Enpulse supplies parts for various semiconductor and display processes based on Al2O3, Si, SiC and Quartz, which are representative fine ceramic materials. Hahn & Company, which takes over the SK Enpulse Fine Ceramics business, is the largest private equity fund operator in Korea.

 

Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)

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