# Samsung Engineering buys 24% stake in DNP Water for $41M

Samsung Engineering Co. agreed to buy a 24% stake in DNP Water, Vietnam's largest private water treatment company, for $41 million, becoming the second-largest shareholder. The investment aims to make Vietnam a base for its water treatment business in Southeast Asia.

- Type: Acquisition
- Announced: 2022-06-30
- Where: Vietnam
- Value: $41.0M
- Status: announced
- Products: water treatment services
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Samsung Engineering](https://endata.com/companies/977.md) (acquirer)
- [DNP](https://endata.com/companies/58529.md) (partner)
- [DNP Water](https://endata.com/companies/63824.md) (target)

## Sources

- [kedglobal.com](https://www.kedglobal.com/us/corporate-investment/newsView/ked202206300025), 2022-06-30: "The environmental business is becoming the company’s future growth engine."

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