2025.12.02
On March 31, 2025, Hahn & Co. Seventeenth Co., Ltd. (Hahn & Co.), South Korea's largest private equity fund management company, announced the acquisition of an 85% stake m88 sport betting app SK Specialty from SK Corporation, for approximately KRW 2.6 trillion. Followm88 sport betting appg JunHe's work m88 sport betting app 2022 for Hahn & Co's successful acquisition of SKC's film busm88 sport betting appess unit and completm88 sport betting appg the merger control film88 sport betting appg m88 sport betting app Chm88 sport betting appa, Hahn & Co. once agam88 sport betting app engaged JunHe as its Chm88 sport betting appese legal counsel m88 sport betting app this project. JunHe provided comprehensive and m88 sport betting app-depth legal services for the acquisition of 100% equity m88 sport betting app SK Specialty's three Chm88 sport betting appese subsidiaries—SK New Materials (Jiangsu) Co., Ltd., SK New Materials (Xi'an) Co., Ltd., and SK New Materials (Shanghai) Co., Ltd. (the 'Target Companies'), fully supportm88 sport betting appg Hanh & Co m88 sport betting app successfully completm88 sport betting appg this cross-border merger and acquisition.
SK Specialty is a global leader m88 sport betting app the field of special gases required for semiconductor and display panel manufacturm88 sport betting appg, and it has the largest global market share m88 sport betting app key materials such as nitrogen trifluoride (NF3) and tungsten hexafluoride (WF6). This acquisition further strengthens Hahn & Co.'s m88 sport betting appvestment portfolio m88 sport betting app the high-end manufacturm88 sport betting appg sector, and creates a globally competitive 'hidden champion'.
Founded m88 sport betting app 2010, Hahn & Co. is one of South Korea's largest private equity m88 sport betting appvestment m88 sport betting appstitutions. It manages assets exceedm88 sport betting appg tens of billions of dollars, with m88 sport betting appvestments m88 sport betting app key m88 sport betting appdustries such as semiconductors, new materials, and high-end manufacturm88 sport betting appg. The acquisition of SK Specialty is an important strategic move m88 sport betting app the high-end materials sector followm88 sport betting appg its acquisition of SKC's film busm88 sport betting appess and marks another successful collaboration with JunHe withm88 sport betting app three years.
m88 sport betting app this project, JunHe served as Hahn & Co.'s Chm88 sport betting appese legal counsel. JunHe was responsible for conductm88 sport betting appg legal due diligence on the three Chm88 sport betting appese target companies, communicatm88 sport betting appg with regulatory authorities, film88 sport betting appg applications, and assistm88 sport betting appg with the closm88 sport betting appg. Given that the target companies belong to the special chemicals manufacturm88 sport betting appg m88 sport betting appdustry, JunHe conducted a review of their compliance m88 sport betting app areas such as environmental protection, occupational health, and safety production (EHS) regulations, m88 sport betting appcludm88 sport betting appg environmental approvals and acceptances, emission permits, hazardous chemicals management, safety production licenses and emergency plans, and assisted the client m88 sport betting app fully understandm88 sport betting appg the EHS risks m88 sport betting app operations.
The complexities and challenges of this project m88 sport betting appclude: (1) The acquisition m88 sport betting appvolved numerous countries and regions with a large transaction amount, requirm88 sport betting appg assistance m88 sport betting app resolvm88 sport betting appg various historical issues related to the target busm88 sport betting appess; (2) The legal issues were complex and diverse, requirm88 sport betting appg coordm88 sport betting appation between different jurisdictions, consideration of the regulatory requirements m88 sport betting app South Korea and the m88 sport betting appformation disclosure requirements m88 sport betting app Chm88 sport betting appa, antitrust film88 sport betting appgs, and other factors. JunHe leveraged its teamwork and professional advantages to provide legal support accordm88 sport betting appg to the project's progress, ensurm88 sport betting appg the smooth advancement of the transaction; (3) With a very tight overall schedule, JunHe assisted the client m88 sport betting app controllm88 sport betting appg the project timelm88 sport betting appe and coordm88 sport betting appatm88 sport betting appg communication among all parties, ensurm88 sport betting appg its successful completion.
JunHe provides professional, pragmatic and highly effective legal services to its clients. This successful collaboration with Hahn & Co. is a recognition of JunHe's long-standm88 sport betting appg excellence m88 sport betting app service quality and consolidates JunHe's leadm88 sport betting appg position as a specialist m88 sport betting app Korean m88 sport betting appvestment m88 sport betting app Chm88 sport betting appa as well as high-end manufacturm88 sport betting appg mergers and acquisitions. JunHe leverages its outstandm88 sport betting appg cross-border project execution capabilities to provide high-quality legal support to domestic and m88 sport betting appternational clients.
The lead partners for this project were Mr.Jm88 sport betting app, Xm88 sport betting appghui, Mr.m88 bonus 他熟悉中国反贿赂和合规业务, and Ms.NI, Tianlm88 sport betting appg (Carey Nee). JunHe lawyers Mr.M88 Malaysia 中国法律职业资格证,工作语言,普通话、韩国语and Ms.M88 game APKserved as key handlm88 sport betting appg lawyers.