# ACT signs agreement to acquire Hyeopjin Machinery for 38.5B won

ACT signed a definitive agreement to acquire a stake in Hyeopjin Machinery, a food processing equipment manufacturer, for 38.5 billion won.

- Type: Acquisition
- Announced: 2021-06-08
- Where: South Korea
- Value: $34.5M (38.5B KRW)
- Status: announced
- Products: HMR (home meal replacement) food processing machinery
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [ACT](https://endata.com/companies/13483.md) (acquirer)
- [Hyeopjin Machinery](https://endata.com/companies/55671.md) (target)

## Sources

- [sentv.co.kr](https://www.sentv.co.kr/article/view/sentv202106080023), 2021-06-08: "에이씨티는 지난 7일 협진기계 M＆A를 위한 본 계약을 체결했다고 8일 밝혔다."

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