Han­wha Group ac­quires shores of Sam­sung Tech­win

SP's MAI - - CORPORATE NEWS -

An agree­ment has been signed which will see the con­trol­ling share­hold­ers of Sam­sung Tech­win, in­clud­ing Sam­sung Elec­tron­ics, Sam­sung C&T and other Sam­sung Group af­fil­i­ates, sell their hold­ing stakes in Sam­sung Tech­win to Han­wha Group.

“Han­wha Group’s in­vest­ment in Sam­sung Tech­win will en­able us to con­tin­ued re­search, de­sign and de­vel­op­ment of in­no­va­tive mar­ket lead­ing so­lu­tions that will cre­ate new business op­por­tu­ni­ties and en­sure our fu­ture growth,” said Han Soo Jung, Ex­ec­u­tive Vice Pres­i­dent, Gen­eral Man­ager of the Se­cu­rity So­lu­tion for Sam­sung Tech­win. “Cus­tomers can be as­sured that it is ‘business as usual’ and that there will be ab­so­lutely no dis­rup­tion to the sup­ply of prod­ucts or to the nor­mal high lev­els of pre and post sales support that cus­tomers have come to ex­pect from Sam­sung Tech­win.”

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