# DB World to absorb DB Metal in merger

DB World, a subsidiary of DB HiTek, announced it will absorb DB Metal in a merger. The merger date is July 1, 2025, with a ratio of 1:0.0362402.

- Type: Acquisition
- Announced: 2025-03-24
- Where: South Korea
- Status: announced
- Products: ferroalloys
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [DB HiTek](https://endata.com/companies/38749.md) (investor)
- [DB Metal](https://endata.com/companies/72096.md) (target)
- [DB World](https://endata.com/companies/83672.md) (acquirer)

## Sources

- [bloter.net](https://www.bloter.net/news/articleView.html?idxno=633722), 2025-03-24: "디비메탈의 대규모 유휴부지를 확보하고, 시공능력((주)디비월드건설)과 결합함으로써 부동산 개발시행, 설계관리, 시공, 관리 및 운영까지 부동산업 전영역에서 역량을 내제화하여 종합부동산회사로 발전하고, 합금철 제조업까지 사업 다각화를 목적으로 한다."

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