이 누리집은 대한민국 공식 전자정부 누리집입니다.
Biz News Korea(Eng)
According to a senior company official Friday, the company is mulling to buy three to four small companies involved in car parts and batteries. The company is also testing the waters to acquire a sales chain with overseas marketing network.
Some industry observers expect that the tire maker would use Hanon Systems - a full-line supplier of automotive thermal management solutions, in which Hankook Tire is the second largest shareholder with investment of 1.08 trillion won ($974.3 million) in 2014 - as a linchpin to expand its presence in automotive electronics.
That suggests the company may acquire some promising automotive suppliers jointly with Hahn & Co., the Korean investment firm that has the largest stake in Hanon Systems.
Industry observers predict that Hankook Tire will be a big spender in the M&A market if candidate companies are put on sale. It has already secured enough funds from an operating income of around 1 trillion won each year.
Chairman Cho Yang-rai’s second son Cho Hyun-bum - Hankook Tire Worldwide President and CSFO (Chief Strategy & Finance Officer) who doubles as CCMO (Chief Corporate Management Officer) of Hankook Tire - is said to be in charge of M&A affairs for the company.
By Chun Beom-joo
[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]