TKG Taekwang acquires 100% of Solmics for KRW 540bn
- Deal value
- $372m
- Stake
- 100%
- Implied 100%
- $372m
- Revenue
- $119m
- Op. income
- $19m
- Multiples
- EQV/EBIT 19.8xPSR 3.1x
Deal value ÷ stake (structure unconfirmed)
2024 연결 · DART-verified
2024 연결 · DART-verified
On implied equity value
DART 20260408000106
- Target
- Solmics · Semiconductor ceramic components
- Buyer
- TKG Taekwang · SI
- Seller
- Hahn & Company
- Structure
- —
- Announced
- Aug 11, 2025
- Closed
- Oct 29, 2025
- Stage
- Closed
Target
Solmics manufactures fine ceramic components for semiconductor processes; it was formed when Hahn & Co acquired the fine ceramics unit of SK Enpulse (formerly SKC Solmics) in February 2024. Reported 2024 revenue was about KRW 188 billion with EBITDA of about KRW 40 billion.
Deal rationale
Hahn & Co bought the unit for KRW 330 billion in February 2024 through its 4th blind fund and sold it after about 18 months; The Fact cited improved earnings, trimming semiconductor-concentrated exposure and advancing Fund IV realizations as reasons for the quick exit. TKG Taekwang (formerly Taekwang Industrial), a group centered on Nike footwear OEM/ODM, was reported to be making the acquisition at headquarters level as part of a push into semiconductors and new materials, following TKG Huchems (chemicals) and the August 2024 purchase of JL Chem.
| Revenue | $119m |
| Operating income | $19m |
| EBITDA | $28m |
| Net income | — |
2024 연결 · DART-verified · 20260408000106
Press coverage
- 딜사이트 (2025-11-12): “한앤컴퍼니는 최근 TKG태광에 솔믹스 지분 100%를 매각하는 거래를 마무리했다.”
- 헤럴드경제 (2025-08-10): “11일 투자은행(IB)업계에 따르면 한앤컴퍼니는 솔믹스 인수 우선협상대상자로 티케이지태광(옛 태광실업)을 선정했다.”
- 뉴스토마토(IB토마토) (2025-09-19): “한앤코가 약 3600억원에 인수해 지난달 TKG태광그룹에 5400억원에 매각하면서”
- 더팩트 (2025-08-16): “이변이 없다면 올해 안으로 매각 절차가 종결될 전망이다.”
This is a data entry summarising filings and press reports. Please check the original sources for the figures.