# TKG Huchems bids to acquire Yasojima Proceed for 500 billion won

TKG Huchems has submitted a bid in the preliminary auction to acquire management rights of Japanese special plastics manufacturer Yasojima Proceed, with an estimated enterprise value of 500 billion won. Due diligence is underway ahead of the main auction.

- Type: Acquisition
- Announced: 2025-08-21
- Where: Japan
- Value: $375.0M (500.0B KRW)
- Status: announced
- Products: super engineering plastics, 3D printing products
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [TKG Huchems](https://endata.com/companies/62068.md) (acquirer)
- [Yasojima Proceed](https://endata.com/companies/86785.md) (target)
- [iSigma Capital](https://endata.com/companies/86786.md) (partner)
- [IMM Credit Solution](https://endata.com/companies/86787.md) (partner)

## Sources

- [businesskorea.co.kr](https://www.businesskorea.co.kr/news/articleView.html?idxno=250039), 2025-08-22: "TKG Huchems has submitted a bid for the preliminary auction for the sale of Yasojima's management rights and is currently conducting due diligence through an accounting firm ahead of the main auction."

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