# Keppel Infrastructure to acquire EMK for $600 million

Keppel Infrastructure has been named preferred buyer of South Korean waste management company EMK Co. and its eight subsidiaries for around $600 million (800 billion won). The deal is expected to be signed as early as next week.

- Type: Acquisition
- Announced: 2022-07-13
- Where: South Korea
- Value: $611.0M
- Status: announced
- Products: waste management and recycling services
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Keppel Infrastructure](https://endata.com/companies/64106.md) (acquirer)
- [EMK](https://endata.com/companies/64107.md) (target)
- [IMM Investment](https://endata.com/companies/64108.md) (partner)
- [Korea Development Bank](https://endata.com/companies/64109.md) (partner)

## Sources

- [kedglobal.com](https://www.kedglobal.com/us/mergers-acquisitions/newsView/ked202207120019), 2022-07-13: "Keppel placed a higher offer than KKR-backed Ecorbit Co., formerly known as TSK Corp., the other final bidder."

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