# KCC Glass to merge with Korea Autoglass by December 2020

KCC Glass Corp. will merge with its subsidiary Korea Autoglass Corp., with shareholder meetings on Oct. 29 and completion by Dec. 1, 2020. The swap ratio is 1:0.4757.

- Type: Acquisition
- Announced: 2020-09-09
- Where: South Korea
- Status: announced
- Products: architectural glass, automotive safety glass
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [KCC Glass Corp.](https://endata.com/companies/49806.md) (acquirer)
- [Korea Autoglass Corp.](https://endata.com/companies/49807.md) (target)

## Sources

- [en.yna.co.kr](https://en.yna.co.kr/view/AEN20200909011100320), 2020-09-09: "By solidifying the process of producing architectural and automotive glass under a single roof, the merger will bolster efficiency and strengthen overall competitiveness."

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