Locus Capital Partners (Locus), a cross-border M&A advisory firm, is pleased to announce that Hansae which is one of leading apparel OEM manufacturers in Korea acquired MK Trend (MK). Locus advised Hansae in this transaction.
Founded in 1982, Hansae provides total services including design, product development, manufacturing, quality control and R&D for various strategic partners globally spread in apparel industry.
Through acquisition of MK Trend which is a brand-owned apparel company, Hansae is glad to expand its operation into Chinese market with its own brands.
Locus managed and executed the entire deal processes including valuation, management of financial and legal advisory, price & SPA negotiation, etc. successfully.