GAON CABLE Co., Ltd. completed the acquisition of G&P Wood Co., Ltd. from G & P Co.,Ltd.
June 29, 2023
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GAON CABLE Co., Ltd. (KOSE:A000500) agreed to acquire G&P Wood Co., Ltd. from G & P Co., Ltd. for KRW 6 billion on June 26, 2023. The transaction is expected to close on June 27, 2023.
GAON CABLE Co., Ltd. (KOSE:A000500) completed the acquisition of G&P Wood Co., Ltd. from G & P Co.,Ltd. on June 30, 2023.
GAON CABLE CO., LTD is a Korea-based company mainly engaged in the manufacture of electrical cables and telecommunications cables. The Companyâs electrical cables consist of power cables, bare wires, insulated wires and control cables mainly used to transmit electric energy. Its telecommunication cables used to transmit information between modes in network. It also provides optical fiber cables, including loose tube jelly filled cores, loose tube dry cores, ribbon tube dry cores, break out optical cables and distribution optical cables. The Company distributes its product within domestic market and to overseas markets, including America, France, Singapore, Japan, Australia, Bangladesh and others.