Veolia Korea completed the acquisition of the remaining 49% stake in Veolia ES & KC EcoCycle Co., Ltd. from KC Green Holdings Co., Ltd..
December 30, 2015 at 11:00 pm
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Veolia Korea agreed to acquire remaining 49% stake in Veolia ES & KC EcoCycle Co., Ltd. from KC Green Holdings Co., Ltd. (KOSE:A009440) for KRW 1.3 billion on May 27, 2015. KC Green Holdings Co., Ltd. will sell 0.48 million shares. The contract date is May 28, 2015. Board of Directors of KC Green Holdings Co., Ltd. made a resolution in favor of the transaction on May 27, 2015. The scheduled date of sales is May 28, 2015.
Veolia Korea completed the acquisition of the remaining 49% stake in Veolia ES & KC EcoCycle Co., Ltd. from KC Green Holdings Co., Ltd. (KOSE:A009440) in 2015.
KC Green Holdings Co.,Ltd. is a Korea-based holding company engaged in the management of its subsidiaries. Through its subsidiaries and affiliates, the Company operates in four main sectors: environmental engineering, specialized in electrostatic precipitators manufacturing, technological consulting and design of environmental systems including flue gas desulfurization systems, water treatment systems and others; environmental services, specialized in safe waste industrial treatment services, waste catalyst regeneration production and others; environment-friendly manufacturing, specialized in the production of glass bottles including medicine bottles, beverage bottles, agricultural chemical bottles and beer bottles, and renewable energy, specialized in photovoltaic power production and solar power plant maintenance and services.