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The Elmet Group Co. Acquires 4.99% Stake in Masan High-Tech Materials Corporation
Acquiring Company
The Elmet Group
Acquired Company
Masan High-Tech Materials Corporation
JapanManufacturingMiningPrecious MetalsManufacturingAutomotiveDescription
On September 23, 2026, The Elmet Group Co. entered into a share purchase agreement with Masan Horizon Company Limited to acquire a 4.99% interest in Masan High-Tech Materials Corporation. The acquisition involves purchasing approximately 55,138,174 ordinary shares for an aggregate price of $124,750,000. This strategic investment is aimed at enhancing Elmet's positioning in the high-tech materials sector. The transaction will be conducted on the UPCoM in accordance with Vietnamese trading regulations.
Fundz sees it the moment The Elmet Group makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Masan High-Tech Materials Corporation?
Masan High-Tech Materials Corporation was acquired by The Elmet Group. The deal was reported on September 24, 2026. The Elmet Group Co. is a Delaware-based corporation engaged in the development and provision of innovative metal solutions. The Elmet Group is privately held and operates in Manufacturing.
When did The Elmet Group acquire Masan High-Tech Materials Corporation?
The Elmet Group's acquisition of Masan High-Tech Materials Corporation was reported on September 24, 2026. On September 23, 2026, The Elmet Group Co. entered into a share purchase agreement with Masan Horizon Company Limited to acquire a 4.99% interest in Masan High-Tech Materials Corporation. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Masan High-Tech Materials Corporation do?
Masan High-Tech Materials is a leading supplier of tungsten materials based in Vietnam, operating one of the largest tungsten deposits in the world. The company specializes in mining and refining tungsten for various industrial applications. It is privately held, operating in Manufacturing, and is based in Japan.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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