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Hanon Systems a Hankook subsidiary following acquisition – Soo Il Lee named CEO

Author: Stephen Goodchild Comments: 0
(Image: Hanon Systems)

On 6 January, Hankook & Company Group announced the completion of its acquisition of Hanon Systems, the world’s second-largest automotive thermal management solutions provider. Full ownership of Hanon System comes a decade after Hankook & Company first took a 19.4 per cent stake in the firm.

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