# Hansae Yes24 Holdings acquires 80.6% stake in automotive parts company Irae AMS for 1.354 trillion won

Hansae Yes24 Holdings has completed the acquisition of an 80.6% stake in automotive parts company Irae AMS for 1.354 trillion won, purchasing 9,607,384 shares. The acquisition is part of the group's strategy to diversify into automotive components.

- Type: Acquisition
- Announced: 2024-11-07
- Where: South Korea
- Value: $970.0M (1354.0B KRW)
- Status: completed
- Products: automotive parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hansae Yes24 Holdings](https://endata.com/companies/80846.md) (acquirer)
- [Irae AMS](https://endata.com/companies/80847.md) (target)

## Sources

- [alphabizkr.com](https://alphabizkr.com/news/view/1065613806159096), 2024-11-07: "Irae AMS would become one of the group’s new growth drivers."

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