Hansol Technics to Acquire Will Technology for 1.7 Trillion Won, Expanding Semiconductor Business Amid Financial Burden and Growth Opportunity
Hansol Technics has decided to acquire an 83.4% stake in Will Technology, a semiconductor test equipment manufacturer, for 1.772 trillion won.
The acquisition will be financed through external borrowing and capital raising, which may increase financial burden.
Will Technology is a key probe card supplier to Samsung Electronics, and the acquisition will allow Hansol Technics to expand into semiconductor test components.
The target company plans to cancel 1,170,440 treasury shares after closing, increasing Hansol Technics' effective stake from 71.89% to 83.4%.
[AI Summary]This large-scale acquisition marks a significant step in Hansol Technics' semiconductor business expansion, but the deal value is 3.4 times its market cap, raising concerns about financial leverage and interest costs. However, Will Technology's stable performance and ties to Samsung provide long-term growth potential.
KOSPI Filing Information
[Correction of Description] Report on Major Events (Decision to Acquire Stocks and Investment Securities of Other Corporation)