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KHI completes US$150 million acquisition of Daehan Shipbuilding

South Korean private equity firm KH Investment Group (KHI) has completed the takeover of Daehan Shipbuilding for US$150 million. Sources claim this means that KHI becomes the largest shareholder acquiring 95% Daehan Shipbuilding's shares. On 31 August, Daehan Shipbuilding announced "the success of attract investment" from KHI-HANTO‧SG consortium.

Last July, KHI also acquired K Shipbuilding and as a result, the company seems as the new powerhouse in the shipbuilding industry.

Source: container-news.com


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