# Envionia to acquire 54.71% stake in Cefratech for 1 billion KRW

Envionia (Enbionia) decided to acquire 200,000 shares (54.71% stake) of membrane manufacturer Cefratech for 1 billion KRW, with the acquisition expected to close on January 6, 2021.

- Type: Acquisition
- Announced: 2020-12-09
- Where: South Korea
- Value: $900K (1.00B KRW)
- Status: announced
- Products: membranes, membrane modules, membrane manufacturing equipment
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Envionia](https://endata.com/companies/51736.md) (acquirer)
- [Cefratech](https://endata.com/companies/51737.md) (target)

## Sources

- [biz.heraldcorp.com](https://biz.heraldcorp.com/article/2507955), 2020-12-09: "멤브레인 기술 확보를 통한 분리막 시장 진출 및 기존 사업과의 시너지 창출을 위한 것"
- [newspim.com](https://www.newspim.com/news/view/20201209000772), 2020-12-09: "세프라텍 인수 목적은 엔바이오니아가 필터 시장에 이어 분리막 시장에 진출하고 기존 사업과의 시너지를 창출하는 것"
- [asiae.co.kr](https://www.asiae.co.kr/en/article/2020120914151679540), 2020-12-09: "The goal is to enter the membrane market by securing membrane technology and to create synergy with existing businesses"

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