# Hanil Cement completes acquisition of 22.22% stake in Hanil Hyundai Cement

Hanil Cement Co., Ltd. completed the acquisition of the remaining 22.22% stake in Hanil Hyundai Cement Co., Ltd. for KRW 81.4 billion, absorbing the company. The deal was announced on July 17, 2025 and closed on November 1, 2025.

- Type: Acquisition
- Announced: 2025-10-31
- Where: South Korea
- Value: $60.0M (81.4B KRW)
- Status: completed
- 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

- [marketscreener.com](https://www.marketscreener.com/news/hanil-cement-co-ltd-completed-the-acquisition-of-22-22-stake-in-hanil-hyundai-cement-co-ltd-ce7d5cdfd888f724), 2025-10-31: "After the completion of the merger, the combined company expects external expansion and earnings growth through the manifestation of the expected effects of the merger."

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