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KG Group acquires K Car and K Car Capital

PRIVATESep 19, 2026about 3 hours ago

Acquiring Company

KG Group

Acquired Company

K Car

South KoreaSouth KoreaTransportationTransportationAutomotiveFleet Management

Description

Han & Company has successfully completed the sale of K Car and K Car Capital to KG Group, transferring a controlling stake for approximately $398 million. This strategic exit marks a significant achievement in Han & Company’s investment journey, showcasing the potential for substantial growth post-private equity ownership. Additionally, Han & Company has signed an agreement to sell Korean Air Lines C&D Services back to Korean Air Lines for 750 billion won.

Company Information

Company

KG Group

Location

South Korea

About

KG Group is a major conglomerate in South Korea involved in various sectors including mobility, steel, and IT. The group aims to integrate its operations to strengthen market responsiveness and competitiveness within the mobility sector. It is actively pursuing acquisitions to enhance its business structure and expand its influence. KG Group focuses on creating a comprehensive mobility ecosystem.

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Related People

Jungsuk
Senior decision-maker at this company
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Predictive Intelligence
Strategic

ML-powered predictions for KG Group's next move

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired K Car?

K Car was acquired by KG Group, based in South Korea. The deal was reported on September 19, 2026. KG Group is a major conglomerate in South Korea involved in various sectors including mobility, steel, and IT. KG Group is privately held and operates in Transportation.

When did KG Group acquire K Car?

KG Group's acquisition of K Car was reported on September 19, 2026. Han & Company has successfully completed the sale of K Car and K Car Capital to KG Group, transferring a controlling stake for approximately $398 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does K Car do?

K Car is the nation's largest platform for used car sales in South Korea. It operates 48 direct stores and has a significant market share in vehicle sales, rentals, and finance. It is privately held, operating in Transportation, and is based in South Korea.

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