January 20, 2019

Korea’s Dayou Winia to acquire Dongbu Daewoo

PUBLISHED : February 09, 2018 - 13:40

UPDATED : February 09, 2018 - 16:20

  • 본문폰트 작게
  • 본문폰트 크게
  • 페이스북
  • 트위터
  • sms

[THE INVESTOR] Dayou Winia, the Korean firm best known for kimchi refrigerators, will acquire Dongbu Daewoo Electronics, the nation’s No. 3 electronics maker after Samsung and LG, for about 90 billion won (US$82.4 million), according to news reports on Feb. 9. 

Dongbu's "Mini" appliances for single people.

Dayou Winia will acquire the entire stake owned by DB Group, formerly Dongbu Group, and other financial investors, including KTB Private Equity. After the acquisition, the firm reportedly plans to issue new shares worth 100 billion won.

A slew of global appliance makers such as Sweden’s Electrolux, China’s Haier, Mexico’s Mabe and France’s Brandt joined the bidding race last year. In January, Iran’s Entekhab was picked as the preferred bidder but the two firms failed to reach an agreement on price differences during due diligence.

By Lee Ji-yoon (

  • 페이스북
  • 트위터
  • sms
Herald Corporation|CEO : Kwon Chung Won
Chief Privacy Officer & Juvenile Protection Manager : Yang Sung-jin
Company Registration No. 104-81-06004
Mail-Order Business Registration 2016 - Seoul Yongsan - 00590
Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea
T : +82-2-727-0114|Business info
Gov’t registration No. 아 04099