Poong Jeon Nonferrous Metal has emerged as the leading bidder to acquire Jeongan Steel, a steel pipe and plate manufacturer in rehabilitation, with a bid of about 80 billion won. The court has approved Poong Jeon as the top-scoring bidder.

Cosmo First Ltd has formed a 50:50 joint venture with South Korea's Filmax Corporation, named 'Filmax Cosmo Korea Limited', to distribute, sell, and market flexible packaging products manufactured by both partners.

Swedish industrial equipment maker Atlas Copco has acquired Kyungwon Machinery Industry, a Korean air compressor manufacturer, from its CEO Lee Sang-woo and related parties for about 88 billion won.

Air Liquide signed a binding agreement to acquire DIG Airgas from Macquarie Asia-Pacific Infrastructure Fund 2 at an enterprise value of EUR 2.85 billion (KRW 4.6 trillion). Closing is expected in the first half of 2026.

Kyungwon Machinery Industry, a Siheung-si, Korea maker of screw and scroll air compressors with 126 employees, has become part of Atlas Copco Group. Purchase price was not disclosed.

Samyang Foods announced it will absorb-merge its subsidiary Samyang Square Pack, a cardboard box maker, through a no-capital-increase merger, after acquiring an additional 5% stake to reach 100% ownership.

Atlas Copco announced it will acquire Kyungwon Machinery Industry, a Korean maker of screw and scroll air compressors with 126 employees, based in Siheung-si. The deal is expected to close in Q3 2025 subject to regulatory approval; its value was not disclosed.

Rotork plc agreed to acquire Noah Actuation, a Seoul-based South Korean electric actuator manufacturer, for an enterprise value of £44 million. The deal is expected to close in the coming days.

Suseok, a Dong-A ST Holdings subsidiary making packaging containers, will absorb-merge its wholly owned sister company Dongcheonsu, a beverage maker, with the merger effective on the 30th of next month to improve efficiency and cost competitiveness.

Nakakita Seisakusho agreed to acquire Ace Valve Co. from Dta Investment Co. on November 26, 2024, with completion expected December 20, 2024. Ace Valve reported KRW 21.4 billion in total revenue for 2023.

Piller Blowers & Compressors has held 75.1 percent of Korean joint venture Sunteco since April 1, 2024, which will be renamed Piller Sunteco Ltd; Sunteco focuses on waste heat recovery and industrial heat pumps for petrochemicals.

Doosan Bobcat decided to acquire 100% of South Korean hydraulic component maker Mottrol for 246 billion KRW. The deal is expected to close in September 2024, subject to KFTC approval.

Atlas Copco completed its acquisition of Presys Co., Ltd, a privately owned Suwon, South Korea maker of vacuum valves for the semiconductor market with 134 employees. The purchase price was not disclosed, and the business joins the Semiconductor Chamber Solutions Division.

Taerim Paper, an affiliate of Global Seara Group, signed a stock purchase agreement with Morgan Stanley PE to acquire Jeonju Paper and Jeonju One Power for about KRW 650 billion.

Berlin Packaging has acquired Nest-Filler PKG, a South Korean supplier of glass and plastic beauty and cosmetic packaging, expanding its Asia-Pacific presence; all employees and locations will be retained.

Atlas Copco agreed to acquire Presys Co., Ltd., a privately owned vacuum valve maker with 134 employees in Suwon, South Korea. The purchase price was not disclosed and closing is expected in Q1 2024, subject to regulatory approval.

According to banking sources reported by KED Global, US private equity firm TPG agreed to buy a 100% stake in South Korean cosmetic packaging supplier Samhwa at a price in the mid-300 billion won range, about $236.9 million, with CEO Cho Seong-hwan buying a minority stake back.

Scana ASA, through subsidiary Scana Valve Control, agreed to transfer its 49% stake in the Korean joint venture Scana Korea Hydraulic to SKH for about NOK 40 million, with closing expected in Q2 2023, alongside a new strategic cooperation agreement with Skarpenord.

Atlas Copco agreed to acquire the cryopump service and distribution business of ZEUS Co., Ltd. in Gyeonggi-do, South Korea, which has 59 employees. The purchase price was not disclosed and closing is expected in Q2 2023.

Amorepacific Group will sell 60% of its subsidiary Pacific Package's shares to French packaging company Autajon, retaining 40%. The move deepens a cooperation relationship that dates to a 2015 MOU.

Doosan Enerbility agreed to sell Doosan Mecatec, a chemical process equipment maker, to a consortium of Bumhan Industries and Metistone Equity Partners, with closing expected in July 2022.

A consortium led by Beomhan Industrial with Metistone Equity Partners acquired Doosan Mecatec, a Changwon-based chemical equipment maker, from Doosan Enerbility for 105 billion won, disclosed on June 3, 2022.

Dongwon Systems signed a merger agreement to absorb its subsidiary Techpack Solution, Korea's largest glass bottle maker, with a merger ratio of 1 to 4.44. A shareholder meeting is scheduled for September 1, 2021.

Mecaro, a Korean semiconductor parts and materials maker, signed an agreement to acquire 100% of KVTS, which makes special valves for semiconductor equipment. The signing ceremony was held at Mecaro's Pyeongtaek headquarters on 2 November 2020.

The STX consortium completed payment to Heung-A Shipping for 3,642,640 PK Valve shares, becoming PK Valve's largest shareholder in Korea, reported on 30 October 2020.

STX was notified on July 29, 2020 that it has been selected as the preferred bidder for the acquisition of PK Valve Co., Ltd. Final details have not yet been announced.

Hanil Can acquired 100% of the issued shares of Samkwang Can on 29 October 2019, a spin-off of Samkwang Glass's can business sold for 51 billion KRW; the Fair Trade Commission approved the deal in May 2020.

South Korean clothing maker Sae-A Trading was chosen as preferred bidder to buy a 71% stake in Tailim Packaging and 100% of Tailim Paper from IMM Private Equity, with the price estimated at over 750 billion won. A final deal was expected to be signed the following month.

PiovanGroup finalized the acquisition of ToBaPNC, a South Korean company that automates industrial processes for plastics, especially plastic powder transport. The deal expands Piovan's presence in South Korea.

BGF, through subsidiary BGF Eco Bio, signed an agreement to acquire a 77.01% stake in KBF, a Korean maker of biodegradable foam plastics based in Hwaseong, Gyeonggi. The deal marks BGF's entry into the eco and bio materials market.

The Verder Group has acquired JEC Limited, a South Korean manufacturer of hygienic rotary lobe, centrifugal and twin-screw pumps for the food, pharmaceutical and hygienic markets. JEC will continue under director James Song.

Kumkang Kind plans to acquire 21 million shares in Kspvalve worth 10.5 billion won, giving it a 57.5 percent stake after the transaction.

Israeli valve maker Hamlet announced the acquisition of South Korean company S&S Valve for up to $6 million, entering flow-control valve management for gas, oil and petrochemical applications. S&S Valve had 2017 sales of about $30 million.

Kitz Corp signed a contract to acquire a 100 percent stake in Korea-based valve maker Cephas Pipelines Corp, with the transaction expected to complete on April 17. The deal value was not disclosed.

Valeo and South Korean partner Pyeong Hwa Group agreed to create the Valeo-Kapec joint venture, combining their torque converter businesses. The company, headquartered in Daegu, will be controlled and fully consolidated by Valeo and is expected to generate around EUR 1 billion in annual sales, subject to regulatory approval.