Motrex EFM to buy 62% stake in DUAL for US$125.8M

What's the deal? South Korea's Motrex EFM Co., Ltd. has agreed to acquire a 62.23% stake in DUAL Co., Ltd. for approximately US$125.8M (roughly $108M). The shares are being purchased from a group of sellers including Joining Association, individual shareholders Cho Seung-hoe and Jung Yong-ja, IHC Co., Ltd., and Premier Growth Strategy M&A Fund managed by Premier Partners, LLC.

The deal gives Motrex EFM a controlling interest in DUAL.

The signal: The acquisition reflects ongoing consolidation activity in South Korea's corporate landscape, where established firms are snapping up majority stakes to expand their portfolios. With multiple sellers — spanning individual shareholders, associations, and a private equity fund — exiting simultaneously, the deal also suggests a maturing investment cycle for DUAL's previous backers.

Read more: marketscreener.com