# TYM absorbs subsidiary KAM Holdings through merger

TYM announced it will absorb and merge its subsidiary KAM Holdings, which was established as a special purpose corporation for the acquisition of International General Machinery Co., Ltd.

- Type: Acquisition
- Announced: 2021-11-11
- Where: South Korea
- Status: announced
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [TYM](https://endata.com/companies/58932.md) (acquirer)
- [KAM Holdings](https://endata.com/companies/58933.md) (target)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/en/article/2021111117295977149), 2021-11-11: "TYM announced on the 11th that it will absorb and merge its subsidiary KAM Holdings."

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