SMEC to acquire Hyundai WIA machine tool division for about 200 billion won

SMEC (SMEC Co., Ltd.) is in talks to acquire Hyundai WIA's machine tool division. The deal value is estimated at around 200 billion won (approx. 300 billion won range). The acquisition is expected to close by end of 2024.

“스맥은 최근 현대위아 공작기계사업부 인수 유력 후보로 떠오르며 매각 측과 관련 논의를 이어가고 있다.”mk.co.kr

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• mk.co.kr[단독] 스맥, 2천억대에 현대위아 공작기계사업부 품는다 - 매일경제홍순빈 기자Sep 30, 2024

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