Deals

4 curated Korean M&A transactions.

DateTargetAcquirerStageValueRevenueOIRationaleNotes
May '26 Multiple (Allied Gold, Puma, Blue Bottle) Multiple Chinese acquirers (Zijin Mining, Anta Sports, Centurium Capital) Announced $9.6bn — — China's outbound M&A reached USD 9.6bn in Q1 2026, a five-year high, with resource deals (Zijin/Allied Gold) and consumer-brand acquisitions (Anta/Puma, Centurium/Blue Bottle) firing simultaneously. The combination of trade-surplus deployment, weak domestic demand, and tariff workarounds points to a structural restart rather than a single-theme cycle. —
Apr '26 Homeplus Express Harim Group Announced $207m — — Harim extends a decade-long food vertical-integration thesis (Pan Ocean, NS Shopping) into SSM retail, picking up Korea's #3 supermarket platform from a court-led seller at roughly half the 2024 guidance. —
Mar '23 Hanmi Entech Toray Advanced Materials Korea Signed — — — Toray Advanced Materials Korea acquires water-treatment O&M specialist Hanmi Entech, layering operational capability on top of its existing filtration materials portfolio. The deal — its first water-related M&A since the 2013 Woongjin Chemical acquisition — signals a push from materials supplier to integrated solutions provider. —
Nov '21 Samkang M&T SK ecoplant Closed $390m — — SK ecoplant extends its environmental and renewable infrastructure platform into offshore wind, taking a 31.83% stake in Samkang M&T as part of a KRW 1.07tn 2021 M&A campaign positioning the group ahead of an expected IPO. —