Acquiring Company
Hanjung NCS
Acquired Company
HDC
Description
Hanjung NCS will merge with its wholly owned subsidiary HDC as part of a strategy to vertically integrate components for energy storage systems. The merger, set to take effect on September 30, will result in the dissolution of HDC, with Hanjung NCS assuming all of its assets and operations. This move aims to reduce costs and streamline production processes.
M&A Insights
Based on deal dataFrequently asked
Who acquired HDC?
HDC was acquired by Hanjung NCS. The deal was reported on July 30, 2026. Hanjung NCS is a pioneering company in South Korea, recognized for its innovative liquid-cooling systems for energy storage systems. Hanjung NCS is privately held and operates in Manufacturing.
When did Hanjung NCS acquire HDC?
Hanjung NCS's acquisition of HDC was reported on July 30, 2026. Hanjung NCS will merge with its wholly owned subsidiary HDC as part of a strategy to vertically integrate components for energy storage systems. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does HDC do?
HDC is a wholly owned subsidiary of Hanjung NCS that specializes in manufacturing heat exchangers and components for energy storage systems. The company is focused on producing core components essential for efficient cooling in energy storage applications. It is privately held, operating in Manufacturing.