# Yake Technology to acquire 75.1% stake in SKC-ENF for up to KRW 50B

Yake Technology's subsidiary Yake Semiconductor signed an agreement to purchase a 75.1% stake in SKC-ENF from SK enpulse for up to 500 billion KRW, to expand its electronic materials business and wet chemical production capacity.

- Type: Acquisition
- Announced: 2023-09-13
- Where: South Korea
- Value: $37.5M (50.0B KRW)
- Status: announced
- Products: semiconductor wet chemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Yake Technology](https://endata.com/companies/61311.md) (acquirer)
- [SK enpulse](https://endata.com/companies/72563.md) (partner)
- [SKC-ENF](https://endata.com/companies/72564.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/994156.html), 2023-09-13: "通过本次收购，公司将进一步丰富电子材料业务板块的产品种类，拓展半导体材料用湿化学品的生产能力，增强公司业务的规模效应。"

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