Affirma Capital acquires SK Nexilis thin-film (FCCL) business for KRW 95bn
Not yet reviewed: summarised from filings and press reports; figures may differ between reports. Please check the original sources.
- Deal value
- $66m
- Stake
- —
- Implied 100%
- —
- Revenue
- —
- Op. income
- —
- Multiples
- —
- Target
- SK Nexilis thin-film (FCCL) business · FCCL (flexible copper clad laminate) for displays
- Buyer
- Affirma Capital · FI
- Seller
- SK Nexilis (SKC subsidiary)
- Structure
- —
- Announced
- Nov 13, 2024
- Closed
- Apr 30, 2025
- Stage
- Closed
Target
SK Nexilis's thin-film business makes flexible copper clad laminate (FCCL) used in chip-on-film for displays such as smartphones and TVs, a line that grew out of SKC's film technology; after the carve-out it was renamed Flexion.
Deal rationale
SK Nexilis's board resolved on 13 November 2024 to transfer the thin-film business to Affirma Capital for KRW 95bn and signed the business transfer agreement the same day. Reports attributed the decision to financial strain from the slump in its core copper-foil business amid the EV demand lull; SKC said proceeds would strengthen core businesses, shift toward high-value products such as glass substrates and improve financial soundness. The deal closed in April 2025.
Press coverage
- 파이낸셜뉴스 (2024-11-13): “이사회 직후 양사는 이 같은 내용의 영업양수도 계약을 체결했으며, 내년 2월 거래를 마무리할 계획이다.”
- 딜사이트 (2024-11-13): “박막사업을 950억원에 어펄마캐피탈에 양도하기로 결정했다고 밝혔다.”
- 한국경제(다음 전재) (2024-10-29): “박막사업부의 연 매출은 500억~600억원 수준이고, 상각전영업이익(EBITDA)은 100억원 안팎이다.”
- 한국경제 (2026-06-01): “어펄마캐피탈은 앞서 지난해 11월 SK넥실리스의 FCCL 박막 사업부(현 플렉시온)를 950억원에 인수하기로 했고, 올 4월 인수 절차를 마무리했다.”
This is a data entry summarising filings and press reports. Please check the original sources for the figures.