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ANNOUNCEMENTSAll New facility Expansion Investment Acquisition Contract Closure

INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

SMEC signs MOU to acquire Hyundai Wia's machine tool division for 340 billion won · Endata

◂ Announcements

Industrial Machineryworld trade 2024+4.5% 5Y CAGR

Oct 10, 2024ACQUISITIONSouth Korea

SMEC signs MOU to acquire Hyundai Wia's machine tool division for 340 billion won

SMEC Co., Ltd announced on October 10, 2024, that it has signed a Memorandum of Understanding with a consortium including Rylson Private Equity to acquire Hyundai Wia's Machine Tool Division for approximately 340 billion won.

Value

$252.0M (340.0B KRW)

Status

Announced

Productsmachine tools

CompaniesSMEC acquirer Hyundai Wia target Rylson Private Equity acquirer

Sectors#Industrial Machinery

“SMEC expects to solidify its position as one of the top two companies in the machine tool market.”prnewswire.com

1 source
prnewswire.comSMEC signed MOU for acquisition of Hyundai Wia's Machine Tool DivisionSMECOct 10, 2024

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

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Jun 14, 2024PARTNERSHIPSouth Korea
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Aug 19, 2020CONTRACTVietnam, Vietnam$5.90M
SMEC signs KRW 7B CNC machine tool supply contract with Jinwoo Engineering
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SMEC signs $468 billion won machine tool supply contract with SMEC America
SMEC Smec America customer etoday.co.kr mk.co.kr

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