# LX International acquires Korea Glass Industry for $4.9B won

LX International acquired 100% of Korea Glass Industry, known for the Hanglas brand and Korea's second-largest glass manufacturer, for 592.5 billion won. Korea Glass Industry produces flat glass and coated glass for buildings and homes.

- Type: Acquisition
- Announced: 2022-03-30
- Where: South Korea
- Value: $490.0M (592.5B KRW)
- Status: completed
- Products: flat glass, coated glass
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [LX International](https://endata.com/companies/59931.md) (acquirer)
- [Korea Glass Industry](https://endata.com/companies/61969.md) (target)

## Sources

- [fnnews.com](https://www.fnnews.com/news/202203301611272117), 2022-03-30: "LX인터내셔널은 '한글라스' 브랜드로 알려진 국내 2위 유리제조업체 한국유리공업을 5925억원에 인수했다고 30일 밝혔다."

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