# Hanwha Aerospace to sell Hanwha Precision Machinery's machine tool division

Hanwha Aerospace is pursuing the sale of Hanwha Precision Machinery's machine tool division, with an expected price of around 200 billion KRW. Potential buyers include Affirma Capital and Global Sae-A.

- Type: Acquisition
- Announced: 2022-03-31
- Where: South Korea
- Value: $165.0M (200.0B KRW)
- Status: announced
- Products: machine tools, chip mounters, automatic lathes
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Hanwha Aerospace](https://endata.com/companies/5761.md)
- [Hanwha Precision Machinery](https://endata.com/companies/19169.md) (target)

## Sources

- [signalm.sedaily.com](https://signalm.sedaily.com/article/13355136), 2022-03-31: "한화에어로스페이스는 매각 자금을 활용해 항공·우주 등 신사업에 힘을 실을 계획이다."

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