# Samkwang Glass, E-Tech Construction and Kunjang Energy to merge

Samkwang Glass, E-Tech Construction, and Kunjang Energy have resolved to merge their investment divisions, with Samkwang Glass absorbing Kunjang Energy and merging with E-Tech Construction's investment division, forming a holding company. The merger is subject to shareholder approval on May 14, 2020.

- Type: Acquisition
- Announced: 2020-03-18
- Where: South Korea
- Status: announced
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Samkwang Glass](https://endata.com/companies/6468.md)
- [E-Tech Construction](https://endata.com/companies/35027.md) (target)
- [Kunjang Energy](https://endata.com/companies/45999.md) (target)

## Sources

- [etoday.co.kr](https://www.etoday.co.kr/news/view/1871807), 2020-03-18: "삼광글라스, 이테크건설ㆍ군장에너지 3사 합병 결의"

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