# Kitz to acquire 100% stake in Korean valve maker Cephas Pipelines

Kitz Corp signed a contract to acquire a 100 percent stake in Korea-based valve maker Cephas Pipelines Corp, with the transaction expected to complete on April 17. The deal value was not disclosed.

- Type: Acquisition
- Announced: 2018-04-09
- Where: South Korea
- Status: announced
- Products: valves
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Kitz Corp](https://endata.com/companies/3803.md) (acquirer)
- [Cephas Pipelines](https://endata.com/companies/3804.md) (target)

## Sources

- [stockopedia.com](https://www.stockopedia.com/share-prices/kitz-TYO:6498/news/brief-kitz-to-acquire-100-pct-stake-in-cephas-pipelines-019e6b3d-83bc-73a3-be2a-f2548caed49a/), 2018-09-04: "Says it signed a contract to acquire 100 percent stake in a Korea-based valve maker Cephas Pipelines Corp"

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