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OCI subsidiary acquires KACO New Energy operations · Endata

◂ Announcements

Jan 17, 2019ACQUISITIONGermany

OCI subsidiary acquires KACO New Energy operations

OCI Co.'s subsidiary OCI Power acquired operations from German solar power inverter firm KACO New Energy GmbH for about 7 billion won ($6.23 million) to expand its solar power business.

Value

$6.23M (7.00B KRW)

Status

Completed

ProductsPV inverterspower conditioning systems

CompaniesOCI Co. partner OCI Power acquirer KACO New Energy target

Sectors#Power Generation Equipment

“The transaction will bring OCI an opportunity to provide a total solution, spanning PV inverter and power conditioning system beyond solar power generation.”pulse.mk.co.kr

1 source
pulse.mk.co.krSolar powerhouse OCI committed to grow biotech as new pillar biz - 매일경제 영문뉴스 펄스(Pulse)Jan 17, 2019

Summarized from public sources; check the original articles before acting on it.

More from OCI Co.

Aug 27, 2021INVESTMENTSouth Korea, South Korea$63.5Mops 2024
P&O Chemical to invest $63.5M in petroleum pitch plant in South Korea
P&O Chemical OCI Co. investor pulse.mk.co.kr
Feb 8, 2021CONTRACTMalaysia$845.5M
OCI wins $845.5 million polysilicon supply contract from LONGi Solar
OCI Co. supplier LONGi Green Energy Technology customer eqmagpro.com
Feb 8, 2021CONTRACTMalaysia$986.0M
Longi Green Energy signs $986M polysilicon supply deal with OCIM
OCI Co. partner LONGi Green Energy Technology customer yicaiglobal.com
Feb 8, 2021CONTRACTMalaysia, Malaysia$830.0M
OCI wins polysilicon supply contract with Longi Solar worth KRW 930 billion
OCI Co. supplier Longi Solar customer mk.co.kr
Oct 6, 2020CONTRACTSouth Korea$79.0M
OCI signs additional KRW 89B polysilicon supply deal with SK Siltron
OCI Co. supplier SK Siltron customer yna.co.kr
Oct 6, 2020CONTRACTSouth Korea$79.0M
OCI to supply additional polysilicon to SK Siltron
OCI Co. supplier SK Siltron customer news.einfomax.co.kr

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