# Hahn & Company acquires SKC's fine ceramics business for $270m

Hahn & Company acquired SKC's fine ceramics business unit for $270 million. The division, which makes semiconductor components including silicon quartz and alumina, will operate under a new company named Solmics.

- Type: Acquisition
- Announced: 2024-02-02
- Where: South Korea
- Value: $270.0M
- Status: completed
- Products: silicon quartz, alumina
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [SKC Co.](https://endata.com/companies/22921.md) (target)
- [Hahn & Company](https://endata.com/companies/25124.md) (acquirer)
- [SK enpulse](https://endata.com/companies/72563.md) (target)

## Sources

- [koreajoongangdaily.com](https://www.koreajoongangdaily.com/business/hahn-company-acquires-skcs-fine-ceramics-business-for-270m/11263933), 2024-02-02: "This transaction further strengthens Hahn & Company’s track record of investing in Korean businesses that serve globally competitive industries."

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