SK ecoplant Sells Entire Stake in SK Oceanplant for About 410 Billion Won

[Financial News] SK ecoplant announced on the 31st that it had signed a share purchase agreement with The Ocean Consortium to sell its entire 35.62% stake in SK Oceanplant. The sale price is estimated at about 410 billion won. SK ecoplant acquired Samkang M&T, the predecessor of SK Oceanplant, in 2021 and made it a subsidiary.
Going forward, SK ecoplant plans to further strengthen its capabilities in AI infrastructure solutions, including the construction of advanced facilities related to semiconductors and artificial intelligence, as well as semiconductor materials and industrial gases. The sale is expected to be used to improve its financial structure, including debt repayment.
SK ecoplant has continued to pursue restructuring in line with SK Group's future growth strategy. More recently, it merged with SK Eco Engineering to enhance synergies in the construction of ultra-precision facilities and infrastructure.
Meanwhile, SK Oceanplant is a company engaged in shipbuilding and offshore businesses, including offshore wind substructures.

[email protected] Kwon Jun-ho Reporter