Glenwood invests $514m in Hanwha's advanced materials unit
Korean carve-out specialist Glenwood Private Equity has agreed to acquire a significant minority stake in the advanced materials unit of Hanwha Solutions, a listed subsidiary of Hanwha Group, for an enterprise valuation of KRW 680bn (USD 514.2m).
Hanwha Advanced Materials produces lightweight composite materials – supplying thermoplastics used in car bumpers and seat back frames, bonding sheets used in printed circuit boards – and solar cell...
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