PwC provided M&A advisory on the sale of Choongang Bio Tek Co., Ltd.

PwC Korea Deal 2 team is pleased to announce the sale of shares of Choongang Bio Tek Co., Ltd.

Choongang Bio Tek Co., Ltd was founded in 1971 and headquartered in Ansan, Korea. It produces animal medicines, feed additives, and raw materials of vitamins.

Insung Enpla Co., Ltd, acquired shares of Choongang Bio Tek Co., Ltd. Insung Enpla Co., Ltd, the Buyer, is an affiliate of Hi Global Group and manufactures high-precision mold, injection molding parts and optical products.

The PwC Korea Deal 2 team, led by Suk-Yeon Hwang and Kyung-soo Jung, was engaged as a sell-side M&A advisor for Choongang Bio Tek Co., Ltd., and successfully closed the transaction.