# Ssangyong Cement Industrial acquires Daehan Cement for 265 billion won

Ssangyong Cement Industrial Co. acquired a 100% stake in Daehan Cement Co. from Hahn & Company for 265.0 billion won ($232.8 million). The deal also includes Daehan Slag Co.

- Type: Acquisition
- Announced: 2017-06-23
- Where: South Korea
- Value: $232.8M (265.0B KRW)
- Status: announced
- Products: blast-furnace slag cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Ssangyong Cement Industrial Co.](https://endata.com/companies/25122.md) (acquirer)
- [Daehan Cement Co.](https://endata.com/companies/25123.md) (target)
- [Hahn & Company](https://endata.com/companies/25124.md) (investor)

## Sources

- [pulse.mk.co.kr](https://pulse.mk.co.kr/news/english/7874873), 2017-06-25: "Ssangyong Cement Industrial said on Friday that it inked an agreement with local private equity fund Hahn & Company on purchasing a 100 percent stake."

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