# HD KSOE acquires Doosan Vina for 290 billion won

HD Korea Shipbuilding & Offshore Engineering has signed a deal to acquire Doosan Enerbility's 100% stake in Doosan Vina for 290 billion won ($207 million). Doosan Vina, based in Quang Ngai Province, Vietnam, manufactures boilers, port cranes, and LNG plant modules.

- Type: Acquisition
- Announced: 2025-08-20
- Where: Dung Quat Economic Zone, Quang Ngai Province, Vietnam, Vietnam
- Value: $207.0M (290.0B KRW)
- Status: announced
- Products: boilers for thermal power plants, port cranes, modules for LNG plants, independent tanks for eco-friendly vessels
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Doosan Enerbility](https://endata.com/companies/9315.md) (partner)
- [Doosan Vina](https://endata.com/companies/34009.md) (target)
- [HD Korea Shipbuilding & Offshore Engineering](https://endata.com/companies/79393.md) (acquirer)
- [HD Korea Shipbuilding & Offshore Engineering](https://endata.com/companies/79393.md) (partner)

## Sources

- [koreaherald.com](https://www.koreaherald.com/article/10558166), 2025-08-20: "This deal was able to be finalized as it fulfills the interests of both companies, backed by the government’s cooperation and support."
- [businesskorea.co.kr](https://www.businesskorea.co.kr/news/articleView.html?idxno=249912), 2025-08-20: "Doosan Enerbility proceeded with this sale for the purpose of timely investment to expand growth businesses centered on equipment, which are expected to grow rapidly."
- [en.portnews.ru](https://en.portnews.ru/news/380809/), 2025-08-20: "HD KSOE said it plans to maintain the subsidiary's existing business while transforming the site into a production base for independent cargo tanks and a regional hub for the company's port crane business in Asia."
- [kedglobal.com](https://www.kedglobal.com/mergers-acquisitions/newsView/ked202508210003), 2025-08-21: "With our expanded capacity to produce eco-friendly equipment, we will broaden our lineup of globally competitive green vessels and work to maximize profitability."

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