South Korean private equity firm KH Investment Group (KHI) has completed the takeover of Daehan Shipbuilding for US$150 million. Sources claim this means that KHI becomes the largest shareholder acquiring 95% Daehan Shipbuilding's shares. On 31 August, Daehan Shipbuilding announced "the success of attract investment" from KHI-HANTO‧SG consortium.
Last July, KHI also acquired K Shipbuilding and as a result, the company seems as the new powerhouse in the shipbuilding industry.
