Hanon

Mergers & Acquisitions Hankook Tire buys $1 bn Hanon Systems stake from Hahn & Co.

Hankook Tire and Technology Co. on Friday reached a preliminary agreement to buy 1.37 trillion won ($1 billion) worth of shares in Hanon Systems Cor...

Automobiles Automotive supplier Hanon Systems delivers Q3 earnings shock

South Korea's Hanon Systems Corp., a world-leading heat pump systems maker for automobiles, on Thursday reported worse-than-expected results in the ...

Machinery S.Korea's Hanon Systems hits 'home run' with heat pump for EVs

Hanon Systems, a leading South Korean maker of automotive thermal management systems, posted surprising results in the second quarter in blowing awa...

Electric vehicles Hanon to build $40 mn heat pump systems plant in US state of Georgia

Hanon Systems Corp., a South Korean thermal management systems provider for automakers, is set to inject $40 million to establish a plant in the US ...

M&As Blackstone may team up with Mahle to buy Hanon Systems

The Blackstone Group is in discussions with German automotive parts manufacturer Mahle GmbH to make a joint bid for South Korea's Hanon Systems Corp...

Mergers & Acquisitions Korea’s M&A market heats up with record deals in first half

South Korea’s merger and acquisition market is heating up as both big conglomerates and promising startups seek to buy out businesses with gro...

Automobiles Carlyle, Bain Capital, Valeo, Mahle enter prelim bids for Hanon Systems

The preliminary bidding to acquire South Korea’s auto parts supplier Hanon Systems Corp. has drawn overseas-based bidders only, with the stron...

Mergers & Acquisitions Hanon sale takes shape; Valeo, Mahle, LG among potential bidders

The much-touted sale of South Korea’s Hanon Systems Corp. is taking solid shape with names of potential bidders floating around in the market ...

Stake sales Halla to join bid for Hanon Systems stake; seen biggest deal in Korea

South Korea’s Halla Group is joining the race for the purchase of auto parts supplier Hanon Systems Corp. -- a deal, if reached at the top end...

Deals Biggest deal in Korea: Hanon Systems stake sale draws KKR, Carlyle, TPG

The sale process of a near-70% stake in South Korean auto parts supplier Hanon Systems Corp. has kicked off, attracting a pool of strategic investor...

Mergers & Acquisitions Evercore joins as advisor for S.Korea’s Hanon Systems stake sale

Evercore Inc., a New York-based boutique investment banking advisory firm, is joining hands with Morgan Stanley to co-manage the sale of a majority ...

Mergers & Acquisitions Hankook Tire to sell stake in Hanon Systems, eyes $900 mn gains

South Korea’s Hankook Tire & Technology Co. plans to divest of its 19.5% stake in Hanon Systems Corp., an auto parts maker, in a move that...

Automobiles Hanon Systems eyes top spot in world’s car thermal management system market

Hanon Systems Corp., a South Korean auto parts maker, said on Wednesday it aims to become the world’s top supplier of automotive thermal and ene...

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