NH NongWooBio to buy NongHyup seed center business for KRW 36.74 billion
Bitget2026/09/29 09:40- NH NongWooBio agreed to buy NH NongHyup Economic Holdings’ Seed Center business for KRW 36.738 billion.
- Deal covers the full business operation, centered on the vegetable seed segment.
- Closing targeted for Dec. 1, 2026; contract signed Sept. 29, 2026.
- Acquired unit posted KRW 18.6043 billion revenue in 2025; assets of KRW 23.1826 billion, about 6.57% of group assets.
- Transaction rationale centers on strengthening domestic market positioning to support global expansion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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