Smak completes acquisition of WIA Machine Tools

Smak, through its subsidiary HMT Solution and private equity fund Rilson Private Equity, completed the acquisition of WIA Machine Tools (formerly Hyundai WIA's machine tool division) for 340 billion KRW.

“This acquisition will serve as an opportunity to strengthen the competitiveness of the domestic machine tool industry.”asiae.co.kr

• 1 source
• asiae.co.krSmak Completes Acquisition of WIA Machine Tools, Declares Leap Toward Industry Leadership - The Asia Business DailyRyu HyunseokJul 14, 2025

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