A rendered image of Ecorbit's R&D center (Courtesy of Ecorbit) A consortium of IMM Private Equity and IMM Investment has moved a step closer to owning South Korea’s No. 1 landfill company Ecorbit Co. after offering 2.1 trillion won ($1.6 billion) for the firm.According to sources in t
AirFirst's industrial gas facilities in Korea (captured from AirFirst's website) When BlackRock bought a 30% stake in South Korean gas supplier AirFirst Co. for 1.1 trillion won ($842 million) from Seoul-based IMM Private Equity in June, it came as a surprise to market insiders that the gas p
Hanatour is Korea's top travel agency IMM Private Equity Inc., a Seoul-based private equity firm, is selling its controlling stake in Hanatour Service Inc., South Korea’s top travel agency, four years after its purchase.According to investment banking industry sources on Tuesday, IMM PE h
Woori Financial Group headquarters IMM Private Equity has sold 180.5 billion won ($135 million) worth of shares in South Korea’s Woori Financial Group in a block deal, reaping 42.3 billion won in capital gains, according to people with knowledge of the matter on Saturday.The Seoul-based p
(Courtesy of Kencoa) IMM Investment Corp., a major South Korean private equity firm, invested $97 million in Kencoa Aerospace Corp., a local supplier of global industry leaders such as Boeing Co., Airbus SE, Lockheed Martin Corp. and Northrop Grumman Corp.Kencoa said on Friday it secured some 1
Competition to acquire Songwon Industrial Co., one of the world’s top specialty chemicals makers, is heating up as the South Korean company and Goldman Sachs, the lead manager for the sale, will launch bidding next week. Songwon is planning to sell a 35.7% stake owned by its founding fam
Genuone Sciences in Sejong City, Chungcheong Province (Courtesy of Genuone Sciences) South Korea’s top-tier contract drugmaker Genuone Sciences Inc. with an estimated value of up to 1 trillion won ($752 million) is smooth sailing to look for a new owner about three years after local priva
Genuone's production facility in South Korea (Courtesy of Genuone) IMM Private Equity has put a South Korean contract drugmaker on the market for up to 1 trillion won ($784 million) in a deal likely to attract major pharmaceutical makers and PE firms at home and abroad.IMM PE started the proces
Choil Aluminum headquarters in Gyeongsan, North Gyeongsang Province (Courtesy of Choil) South Korean private credit firm IMM Credit & Solutions Inc. will invest 30 billion won ($23.4 million) in Choil Aluminum Co., an EV battery components supplier listed on the country's major bourse Kospi
National Pension Service of Korea (Courtesy of Yonhap News) The National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, said on Friday it has hired Macquarie Asset Management, IMM Private Equity and Hahn & Co. as its domestic private equity managers.The
Hanssem headquarters in Seoul IMM Private Equity will buy additional shares in South Korea’s Hanssem Co. for 100 billion won ($77 million) in a tender offer to inject fresh capital into the cash-strapped furniture maker.Hanssem said in a regulatory filing on Thursday that its largest shar
A Hanssem store (Courtesy of Hanssem) South Korea’s IMM Private Equity and Lotte Group are set to inject additional 100 billion won ($75.6 million) in Kosdaq-listed Hanssem Co., the largest furniture maker and home furnishing company in the country, according to investment banking sources
Missha opened its first offline store in Iraq in 2019 IMM Private Equity is trying to sell off the management rights of Able C&C, the parent of Korea’s first-generation low-priced cosmetics brand Missha, at half its purchase price, according to people familiar with the situation on Th