# Motrex EFM agrees to acquire 62.23% stake in DUAL for KRW 150 billion

Motrex EFM Co., Ltd. has agreed to acquire a 62.23% stake in DUAL Co., Ltd. from multiple sellers for approximately KRW 150 billion. The transaction is expected to close by July 31, 2026.

- Type: Acquisition
- Announced: 2026-04-30
- Where: South Korea
- Value: $112.0M (150.0B KRW)
- Status: announced

## Companies

- [Motrex EFM](https://endata.com/companies/91633.md) (acquirer)
- [DUAL](https://endata.com/companies/91634.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/news/motrex-efm-co-ltd-agreed-to-acquire-62-23-stake-in-dual-co-ltd-from-joining-association-cho-ce7f58dedd89f622), 2026-04-29: "Motrex EFM Co., Ltd. agreed to acquire 62.23% stake in DUAL Co., Ltd. from Joining Association, Cho Seung-hoe, Jung Yong-ja, IHC Co., Ltd. and Premier Growth Strategy M&A Fund, managed by Premier Partners, LLC for approximately KRW 150 billion on April 30, 2026."

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