# Exion Group acquires polymer business from Ogeon E&T

Exion Group signed an agreement to acquire the polymer business division of Ogeon E&T for 8 billion KRW. The acquisition includes manufacturing, sales, and distribution assets and related personnel.

- Type: Acquisition
- Announced: 2024-08-28
- Where: South Korea
- Value: $6.00M (8.00B KRW)
- Status: announced
- Products: polypropylene food containers, packaging for secondary batteries
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Exion Group](https://endata.com/companies/79445.md) (acquirer)
- [Ogeon E&T](https://endata.com/companies/79446.md) (target)

## Sources

- [mt.co.kr](https://www.mt.co.kr/stock/2024/08/28/2024082809381139730), 2024-08-28: "안정적 매출과 친환경 사업 다각화를 위해 고분자 폴리머 시장에 진출했다."

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