# VITZROCELL to acquire Innova Power Solutions for KRW 33.6 billion

VITZROCELL Co., Ltd. agreed to acquire Innova Power Solutions from JL INVESTMENTS LTD. for KRW 33.6 billion in cash. The transaction is expected to complete on October 1, 2025.

- Type: Acquisition
- Announced: 2025-09-09
- Value: $25.0M (33.6B KRW)
- Status: announced
- Products: power solutions
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [VITZROCELL](https://endata.com/companies/87145.md) (acquirer)
- [Innova Power Solutions](https://endata.com/companies/87146.md) (target)
- [JL INVESTMENTS LTD.](https://endata.com/companies/87147.md) (partner)

## Sources

- [marketscreener.com](https://www.marketscreener.com/news/vitzrocell-co-ltd-agreed-to-acquire-innova-power-solutions-from-jl-investments-ltd-for-krw-33-6-b-ce7d59ddd18df125), 2025-09-08: "VITZROCELL Co.,Ltd. agreed to acquire Innova Power Solutions from JL INVESTMENTS LTD. for KRW 33.6 billion."

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