Korea Joongang Daily
Korea JoongAng Daily

Hankook Tire finalizes $892M buy-up of Hanon Systems shares

Hankook Tire and Technology signed a sales purchase agreement with a private equity firm to acquire a 23 percent stake in Hanon Systems, the world's second-largest automotive thermal management supplier, for 1.23 trillion won.

2024-11-01

Hankook Tire to take over Hanon Systems for $2B

Hankook Tire and Technology is spending another 1.73 trillion won ($1.3 billion) to take over Hanon Systems, the world's second-largest automotive thermal management supplier.

2024-05-03

Hanon Systems to build $170 million factory in Tennessee

Hanon Systems will invest $170 million to build an automotive thermal solutions factory in Tennessee, aiming to expand its presence in the fast-growing EV market.

2023-08-02