# Hanil Cement to merge with Hanil Hyundai Cement

Hanil Cement and Hanil Hyundai Cement have approved a merger, with Hanil Cement as the surviving company. The merger aims to enhance management efficiency and market share, with a merger date of November 1, 2025.

- Type: Acquisition
- Announced: 2025-07-17
- Where: South Korea
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Hanil Cement](https://endata.com/companies/22285.md) (acquirer)
- [Hanil Hyundai Cement](https://endata.com/companies/56585.md) (target)

## Sources

- [mk.co.kr](https://www.mk.co.kr/en/business/11370531), 2025-07-17: "The merger decision was pushed to enhance shareholder value and corporate value by unifying investment by combining assets and infrastructure and increasing market share."
- [asiae.co.kr](https://www.asiae.co.kr/en/article/2025071717030977176), 2025-07-17: "This merger decision was made in response to the continued uncertainty in the domestic construction market and intensifying industry competition."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.