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LS Global to acquire LS Metal's pipe units

PRIVATENov 05, 2026

Acquiring Company

LS Global

Acquired Company

LS Metal

SeoulSeoulManufacturingMiningPrecious MetalsMineralManufacturingMiningPrecious MetalsBuilding Material

Description

LS announced on Nov. 5 that subsidiary LS Global will acquire the copper tube and stainless steel pipe processing businesses of LS Metal. The integrated company, to be named LS Metal Plus, is projected to generate 1.3 trillion won in revenue and launches on Jan. 1, 2027. LS will also participate in a capital increase of about 150 billion won.

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Company Information

Company

LS Global

Location

Seoul, Seoul, South Korea

About

LS Global is an LS Group affiliate specializing in metal raw material procurement and trading. It recorded revenue of 440 billion won in 2025. Under the deal it will acquire the metals processing businesses of LS Metal and be renamed LS Metal Plus.

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Frequently asked

Who acquired LS Metal?

LS Metal was acquired by LS Global, based in Seoul. The deal was reported on November 5, 2026. LS Global is an LS Group affiliate specializing in metal raw material procurement and trading. It recorded revenue of 440 billion won in 2025. LS Global is privately held and operates in Manufacturing.

When did LS Global acquire LS Metal?

LS Global's acquisition of LS Metal was reported on November 5, 2026. LS announced on Nov. 5 that subsidiary LS Global will acquire the copper tube and stainless steel pipe processing businesses of LS Metal. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does LS Metal do?

LS Metal is a subsidiary of LS Electric that manufactures copper tubes and stainless steel pipes. It posted revenue of 640 billion won in 2025. Its copper tube and stainless steel pipe processing businesses are being transferred to LS Global. It is privately held, operating in Manufacturing, and is based in Seoul.

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