Hahn & Co, South Korea’s largest private equity firm, and Hillhouse Investment announced that it has completed the sale of SK Eco Prime, Korea’s leading biodiesel manufacturer. Hillhouse Capital will acquire 100% of SK Eco Prime.
Hahn & Co. acquired the bioenergy division from SK Chemical in early 2020 and formed SK Eco Prime. During Hahn & Co.’s ownership, SK Eco Prime also acquired DH Bio, a biodiesel raw material manufacturer to expand its business.
Founded in 2010, Hahn & Co. is Korea’s largest private equity firm as reported by Korea’s Financial Supervisory Commission and operates the largest private equity fund raised in Korea to date. Companies controlled by Hahn & Co. generate revenues in excess of KRW19 trillion ($14bn) with assets of KRW48 trillion ($36bn) with over 30,000 employees
