Korea & Company Group successfully completed the acquisition of Hanon Systems, expanding its influence in the global auto parts market. Through this acquisition, Hankook & Company has leapfrogged into a comprehensive mobility company that encompasses tires, batteries, and even thermal management systems.
Chairman Cho Hyun-beom has been preparing for the future era of mobility by paying attention to Hanon Systems for over 10 years. His persistence and meticulous preparation are said to have played a major role in completing this big deal.
Korea & Company and Hanon Systems plan to combine their respective strengths to create synergy and lead the future mobility market. Specifically, the two companies plan to pursue ▲ joint use of global sales networks ▲ cooperation in raw material supply chain management ▲ IT infrastructure and business process integration.
Chairman Cho Hyun-beom emphasized that through this acquisition, both companies will grow together and become leading companies in the future mobility era. He urged executives and employees to create synergy through communication and cooperation and grow into proactive leaders.
The combination of Korea & Company and Hanon Systems is expected to bring significant changes to the global auto parts market. Both companies are expected to establish themselves as leading companies in the future mobility era through cutting-edge technology development and quick response to market changes.
[Copyright (c) Global Economic Times. All Rights Reserved.]
