Oriental Chemical Industries Ltd. acquired a 40% stake in Heraeus Oriental Hi-Tec to enhance its position in the semiconductor market and strengthen product offerings.

Information on the Target

Heraeus Holding GmbH, based in Hanau, Germany, is a prominent family-owned company that operates in various sectors, including precious metal trading, dental products, sensing technology, laboratory instruments, medical technology, specialty lamps, and quartz glass. With a robust business portfolio, Heraeus generates revenues exceeding DM 6 billion, marking its significance in the global market.

The company is known for its innovative solutions and high-quality products, positioning itself as a leader within its respective fields. Heraeus Holding also emphasizes sustainability and technological advancement, ensuring its competitive edge in an ever-evolving marketplace.

Industry Overview in South Korea

In South Korea, the industrial products sector is characterized by rapid technological advancements and strong government support for innovation and manufacturing. The country's robust economy is heavily driven by its manufacturing industr