Hankook acquires additional stake in thermal management systems company, Hanon Systems
Hankook & Company Group said it will hold a 50.53% stake in Hanon Systems and take management rights as the largest shareholder.
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Hankook & Company Group said it will hold a 50.53% stake in Hanon Systems and take management rights as the largest shareholder.
There are more than 100 suppliers that have been working with Hyundai Motor Group for more than 40 years, the auto giant’s recent shared growth report found Sunday. As of the end of last year, Hyundai and Kia, the two Hyundai brands, have been doing business with 105 suppliers for over four decades, which compared to 95 suppliers in 2022. The figures represent primary parts suppliers and exclude the group&rsquo...
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Hankook Tire and Technology on Friday reached a deal to buy a controlling stake in Hanon Systems Corp., the world's second-largest heat pump systems maker for automobiles, for 1.73 trillion won ($1.27 billion).
South Korea's Hankook Tire & Technology Co Ltd has signed a preliminary agreement to acquire a stake worth 1.7 trillion won in Hanon Systems, it said on Friday, which would make it the majority...