Hahn & Company has acquired an 85% stake in SK Specialty for approximately $1.93 billion, marking a significant investment in South Korea's advanced manufacturing sector.

Information on the Target

Hahn & Company has successfully acquired an 85% stake in SK Specialty from SK Inc. for approximately $1.93 billion (₩2.6 trillion). This acquisition represents a significant move within South Korea’s advanced manufacturing sector, particularly considering the growing demand for specialty gases that are vital in semiconductor and display panel production. Following the completion of the stock purchase agreement in December 2024, the deal was finalized just three months later.

SK Specialty is recognized as a global leader in the production of specialty gases, particularly nitrogen trifluoride (NF3) and tungsten hexafluoride (WF6). These gases are crucial for the manufacturing of advanced chips, making SK Specialty a critical player in the global semiconductor market. The company's dominance in these materials positions it favorably for future growth and innovation in the sector.

Industry Overview in South Korea

The semiconductor industry in South Korea plays a pivotal role in the global technology landscape. As one of the largest producers of semiconductors worldwide, South Korea's advanced manufacturing capabilities have garnere