DGI to buy Greenpack for KRW 16.5 billion
Bitget2026/09/28 07:04- DGI agreed to buy 100% of Greenpack, acquiring 70,000 shares for KRW 16.5 billion to secure management control.
- The deal targets entry into cosmetics PE tube manufacturing, expanding beyond Greenpack’s cosmetics plastics and tube-molding machinery business.
- Payment structure includes KRW 1.25 billion on Sept. 28, 2026, KRW 11.25 billion on Oct. 28, 2026, KRW 4 billion deferred.
- The deferred amount is tied to 2027-2031 sales and EBITDA targets, with payments potentially reduced if targets are missed.
- Funding is expected from cash on hand and bank borrowing; the purchase price equals 37.70% of 2025 total assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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