Sampyo and KDB PEF $699 million acquisition of Tongyang Cement & Energy

25/9/2015
Public acquisition

W 794 billion

$ 699 million

Completed

25/9/2015


Overview:

  • Sampyo and KDB Sigma Private Equity Fund for Corporate Financial Stability II (KDB PEF) have acquired Tongyang Cement & Energy for W794 billion ($699 million) from Tongyang.
  • Sampyo acquired 45.07% of the issued and outstanding shares of Tongyang Cement through Sampyo Cement and KDB PEF acquired 9.88% of the issued and outstanding shares of Tongyang Cement.
  • Sampyo Group is a leading Korean manufacturer of construction materials. 

Katrin Kostadinova - Data analyst

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