# Sae-A Trading named preferred bidder to acquire Tailim Packaging and Tailim Paper

South Korean clothing maker Sae-A Trading was chosen as preferred bidder to buy a 71% stake in Tailim Packaging and 100% of Tailim Paper from IMM Private Equity, with the price estimated at over 750 billion won. A final deal was expected to be signed the following month.

- Type: Acquisition
- Announced: 2019-09-18
- Where: South Korea
- Value: $629.7M (750.0B KRW)
- Status: announced
- Products: corrugated boxing paper, corrugated fiberboard
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Sae-A Trading](https://endata.com/companies/5560.md) (acquirer)
- [Tailim Packaging](https://endata.com/companies/5561.md) (target)
- [IMM Private Equity](https://endata.com/companies/5562.md) (partner)
- [Tailim Paper](https://endata.com/companies/5565.md) (target)

## Sources

- [pulse.mk.co.kr](https://pulse.mk.co.kr/news/english/8985275), 2019-09-18: "Sae-A Trading will acquire a 71 percent stake in Tailim Packaging and 100 percent stake in Tailim Paper put up for sale by the paper maker's largest shareholder IMM Private Equity."
- [theinvestor.co.kr](https://www.theinvestor.co.kr/article/2102901), 2019-09-18: "Sae-A is expected to pay between 700 billion won ($587 million) to 800 billion won for 71 percent in Tailim Packaging and 100 percent stake in Tailim Paper."

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