PwC performed financial due diligence on Kraton Corporation's Cariflex business unit for Daelim Industrial Co., Ltd.

PwC Korea Deals Financial Advisory team is pleased to announce Daelim Industrial Co., Ltd.'s acquisition of Cariflex business unit in Kraton Corporation.

Kraton Corporation, headquartered in Houston, is a global manufacturer of chemical polymers and operates manufacturing facilities in USA, Germany, France, the Netherlands, Brazil and Japan.
The Cariflex business unit produces high-quality synthetic rubber and latex that are widely used in making medical products, such as surgical gloves and needle shields.

The acquisition of Cariflex will provide Daelim Industrial Co., Ltd. with an excellent opportunity to strengthen its polymer presence globally.

The PwC Korea Deals Financial Advisory team, led by Seung-Cheol Shin and JungTak Han, provided financial due diligence service and successfully closed the transaction.