Lee & Ko advised in Sae-A Trading Co., Ltd.(Acquirer) in its acquisition of 60.53% of Taelim Package and 100% acquisition of both Taelim Paper and Taelim Packaging(Target) from Trinity One and Trinity Two, owned by PEF IMM PE(Seller). This transaction also entails acquisition of Taelim’s subsidiaries: Wolsan Paper, Dongwon Paper and Donglim Logistics. During the first third quarter of 2019, this transaction caught much attention in the M&A market considering not only its deal value, but since this was IMM PE’s very first exit deal. This transaction was also Sae-A’s first domestic M&A transaction, due to the fact that the group normally does business abroad.
Lee & Ko provided comprehensive advisory for Sae-A Trading throughout the entire transaction, from the process of due diligence to the completion of the share purchase agreement, which all led to a successful signing on October 15, 2019.
[THE INVESTOR] Sae-A Trading to buy Tailim Packaging’s controlling stake for W213.8b