# BGF acquires 44.3% stake in engineering plastics maker Kopra for 250 billion KRW

BGF announced it will acquire a 44.3% stake in KOPLA, a manufacturer of high-performance engineering plastics, for 180.9 billion KRW, with total investment of 250 billion KRW including convertible bonds. The acquisition date is December 22, 2021.

- Type: Acquisition
- Announced: 2021-11-04
- Where: South Korea
- Value: $211.0M (250.0B KRW)
- Status: announced
- Products: high-performance engineering plastics for automotive, electronics, construction
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [BGF](https://endata.com/companies/5250.md) (acquirer)
- [KOPLA](https://endata.com/companies/58815.md) (target)

## Sources

- [yna.co.kr](https://www.yna.co.kr/view/AKR20211104140451002), 2021-11-04: "BGF는 엔지니어링 플라스틱 전문제조업체인 코프라(KOPLA)를 인수한다고 4일 밝혔다."
- [asiae.co.kr](https://www.asiae.co.kr/en/article/2021110417230821209), 2021-11-04: "BGF announced on the 4th that it will acquire KOPLA, a specialized manufacturer of engineering plastics."

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