# EN Corporation acquires 80% stake in Daeyang EnBio

EN Corporation signed a contract on October 28, 2021 to acquire an 80% stake in Daeyang EnBio, a wastewater treatment O&M company, for an enterprise value of 22.5 billion KRW.

- Type: Acquisition
- Announced: 2021-10-29
- Where: South Korea
- Value: $19.0M (22.5B KRW)
- Status: announced
- Products: wastewater treatment O&M services
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [En+ Group](https://endata.com/companies/38723.md) (acquirer)
- [Daeyang Enbio](https://endata.com/companies/58811.md) (target)

## Sources

- [fnnews.com](https://www.fnnews.com/news/202110290928332521), 2021-10-29: "대양엔바이오의 공공부문 O&M 기술력과 노하우를 산업용 수처리 전문 EPC 자회사인 한성크린텍과 역량을 결합해 초순수를 비롯한 산업용 수처리 사업 전 영역에 걸쳐 차별화된 통합솔루션을 제공할 것"

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