SK Inc. to acquire 55.5% of Signet EV (now SK Signet) for KRW 293bn
Not yet reviewed: summarised from filings and press reports; figures may differ between reports. Please check the original sources.
- Deal value
- $202m
- Stake
- 55.5%
- Implied 100%
- $364m
- Revenue
- $43m
- Op. income
- —
- Multiples
- PSR 8.5x
Deal value ÷ stake (structure unconfirmed)
2020 · Multiple reports agree
2020 · Multiple reports agree
On implied equity value
- Target
- Signet EV (now SK Signet) · EV ultra-fast charger manufacturing
- Buyer
- SK Inc. · SI
- Seller
- —
- Structure
- —
- Announced
- Apr 16, 2021
- Closed
- —
- Stage
- Announced
Target
Signet EV, founded in 2016, manufactures ultra-fast EV chargers, obtained the world's first US certification for a 350kW charger in 2018, and was reported to hold over 50% of the US ultra-fast charger market; it was listed on KONEX.
Deal rationale
SK Inc. said it would secure high-quality charger manufacturing capability, pursue R&D and overseas expansion with group resources, and combine the group's semiconductor and ICT capabilities with Signet's charger technology ahead of autonomous EVs. An SK official said the Signet deal and the Polestar investment would make SK Inc. a core player in eco-friendly mobility. Per Hankyung, SK bought 1,620,087 existing shares from Rio Investment for KRW 81bn and 5.92m new convertible preferred shares for KRW 212.2bn.
| Revenue | $43m |
| Operating income | — |
| EBITDA | — |
| Net income | — |
2020 · Multiple reports agree (not yet checked against DART)
Press coverage
- 딜사이트 (2021-04-16): “SK㈜는 시그넷EV 지분 55.5%를 2930억원에 인수하기로 결정했다.”
- 데일리안 (2021-04-18): “지분 55.5%를 2100억원 가량의 신주를 포함해 2930억원에 인수한다고 발표했다”
- 뉴스토마토 (2021-04-15): “시그넷 EV 인수와 폴스타 투자 등을 통해 SK㈜는 친환경 모빌리티 시장의 핵심 기업으로 도약할 것”
- 한국경제 (2025-05-14): “SK㈜는 2021년 코넥스시장 상장사인 이 회사 지분 55.5%를 2930억원에 인수했다.”
This is a data entry summarising filings and press reports. Please check the original sources for the figures.