# Hanwha Chemical to split and merge Hanwha Q Cells & Advanced Materials

Hanwha Chemical announced it will split its subsidiary Hanwha Q Cells & Advanced Materials through a spin-off and then merge it to establish Hanwha Global Asset Co., Ltd., effective September 1, 2019.

- Type: Acquisition
- Announced: 2019-07-30
- Where: South Korea
- Status: announced
- Products: chemicals, advanced materials
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Hanwha Chemical](https://endata.com/companies/225.md) (acquirer)
- [Hanwha Q Cells & Advanced Materials](https://endata.com/companies/40967.md) (target)

## Sources

- [member.newspim.com](https://member.newspim.com/news/view/20190730000962), 2019-07-30: "한화케미칼은 종속회사인 ‘한화큐셀앤드첨단소재’를 인적분할 방식으로 분할한 뒤 흡수합병해 ‘한화글로벌에셋 주식회사(가칭)’를 설립한다고 30일 공시했다."

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