IS Dongseo to acquire Environment Energy Solution
SI Energy & Materials Waste treatment & environmental energy
- Deal value
- —
- Stake
- —
- Implied 100%
- —
- Revenue
- $112m
- Op. income
- $6m
- Multiples
- —
2021 별도 · DART-verified
2021 별도 · DART-verified
DART 20220331002319
- Target
- Environment Energy Solution · Waste treatment & environmental energy
- Buyer
- IS Dongseo · SI
- Seller
- —
- Structure
- —
- Announced
- Jan 17, 2022
- Closed
- —
- Stage
- Announced
Target
Formerly Kolon Environment & Energy, a waste treatment and environmental energy company. IS Dongseo and E&F PE jointly took control in May 2020; revenue rose from KRW 88.8bn in 2019 to KRW 156.9bn in 2021.
Deal rationale
Per Dealsite, IS Dongseo, after jointly acquiring control with E&F PE in May 2020, signed an SPA to buy E&F PE's stake and secure 100%, expanding its environmental waste business. Per CEO Score Daily, a company official said it would strengthen competitiveness and find new growth drivers through strategic M&A.
| Revenue | $112m |
| Operating income | $6m |
| EBITDA | — |
| Net income | — |
2021 별도 · DART-verified · 20220331002319
Press coverage
- 한국경제 마켓인사이트 (2022-01-17): “IS동서, 환경에너지솔루션도 인수…폐기물 사업 광폭 행보 ‘눈길’”
- 딜사이트 (2023-03-02): “아이에스동서는 환경에너지솔루션 인수로 환경폐기물 사업을 확장해 나갔다”
- CEO스코어데일리 (2022-09-23): “전략적 M&A를 통해 시장 경쟁력을 강화하며 신성장 동력을 발굴할 것”
This is a data entry summarising filings and press reports. Please check the original sources for the figures.