Locus Capital Partners (Locus), a cross-border M&A advisory firm, is pleased to announce that the Japan Steel Works, Ltd. (JSW) which is one of leading companies in industrial machineries industry acquired SM Platek Co., Ltd. (SMP). Locus advised JSW in this transaction.
Established in 1988 in Seoul, Korea, SMP primarily manufactures twin-screw extruders for compounding polymer materials to produce high-quality plastic-based products in various industries including auto, electronics, textile, consumer, medical, etc..
JSW which is one of the leading manufacturers of steel and machinery products is glad to diversify its product lines and expand its operation to Korea region through the acquisition of SMP.
Locus managed and executed the entire deal processes including valuation, due-diligence, management of financial and legal advisory, price & SPA negotiation, etc. successfully.