Samyang Holdings acquires controlling stake in Verdant Specialty Solutions

Samyang Holdings acquired a controlling stake in Verdant Specialty Solutions, a U.S.-based specialty chemical materials company, for approximately 330 billion won. The deal was signed on December 15, 2023.

“This M&A aligns with the management strategies pursued by Samyang Group, focusing on the cultivation of the 'specialty business' and 'global business expansion.'”businesskorea.co.kr

• 2 sources
• businesskorea.co.krSamyang Holdings Expands Global Presence with Acquisition of US-based ‘Verdant Specialty Solutions’ - BusinesskoreaJung Min-heeDec 18, 2023
• kedglobal.comSamyang buys specialty chemical maker Verdant for $257 mn - KED GlobalMi-Sun KangDec 26, 2023

Summarized from public sources; check the original articles before acting on it.