Hankook & Company Group completes acquisition of Hanon Systems to expand automotive portfolio
Acquiring Company
Hankook & Company
Acquired Company
Hanon Systems
DaejeonDaejeonManufacturingManufacturingAutomotiveDescription
Hankook & Company Group, a leading automotive corporation, has finalized the acquisition of Hanon Systems, a global provider of automotive thermal and energy management solutions. With this acquisition, the Group strengthens its position as a comprehensive automotive parts company and solidifies its high-tech leadership in the industry.
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Frequently asked
Who acquired Hanon Systems?
Hanon Systems was acquired by Hankook & Company, based in Daejeon. The deal was reported on January 7, 2025. Hankook & Company is committed to providing a better life by embracing the values that matter most to us. We challenge traditional norms by approaching questions from fresh perspectives. Hankook & Company is privately held and operates in Manufacturing.
When did Hankook & Company acquire Hanon Systems?
Hankook & Company's acquisition of Hanon Systems was reported on January 7, 2025. Hankook & Company Group, a leading automotive corporation, has finalized the acquisition of Hanon Systems, a global provider of automotive thermal and energy management solutions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Hanon Systems do?
Hanon Systems is a full-line supplier of automotive thermal and energy management solutions for electrified and conventional vehicles. It is privately held, operating in Manufacturing, and is based in Daejeon.
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