NH NongWooBio to buy NongHyup seed center business for KRW 36.74 billion

Bitget2026/09/29 09:40

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NH NongWooBio agreed to buy NH NongHyup Economic Holdings’ Seed Center business for KRW 36.738 billion.
Deal covers the full business operation, centered on the vegetable seed segment.
Closing targeted for Dec. 1, 2026; contract signed Sept. 29, 2026.
Acquired unit posted KRW 18.6043 billion revenue in 2025; assets of KRW 23.1826 billion, about 6.57% of group assets.
Transaction rationale centers on strengthening domestic market positioning to support global expansion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NH NongWooBio Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20260929000583), on September 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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