# Versarien plc acquires CVD assets and IP from Hanwha Aerospace for £4.3 million

Versarien plc completed the acquisition of chemical vapor deposition (CVD) assets and intellectual property from Hanwha Aerospace Co., Ltd. for £4.3 million in December 2020. The agreement was signed on December 22, 2020.

- Type: Acquisition
- Announced: 2020-12-30
- Where: United Kingdom
- Value: $5.80M (4.30M GBP)
- Status: completed
- Products: CVD assets and intellectual property
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Hanwha Aerospace](https://endata.com/companies/5761.md) (target)
- [Versarien](https://endata.com/companies/20824.md) (acquirer)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/VERSARIEN-PLC-13407012/news/Versarien-plc-completed-the-acquisition-of-CVD-assets-and-IP-from-Hanwha-Aerospace-Co-Ltd--36681580/), 2020-12-30: "Versarien plc (AIM:VRS) completed the acquisition of CVD assets and IP from Hanwha Aerospace Co., Ltd. (KOSE:A012450) in December 2020."

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