Group14 Technologies, Inc. acquired an additional 75% stake in Sk Materials Group14 Co., Ltd. from SK Inc. (KOSE:A034730) on August 21, 2025.
As of December 31, 2024, Sk Materials Group14 Co., Ltd. reported total assets of KRW 265.66 billion.
Group14 Technologies, Inc. completed the acquisition of an additional 75% stake in Sk Materials Group14 Co., Ltd. from SK Inc. (KOSE:A034730) on August 21, 2025.
SK Inc is a Korea-based holding company principally engaged in the Information technology (IT) business. The Company operates its business through two segments. The Business segment mainly provides IT services such as corporation mobile services, system and IT center construction, logistic automation construction, digital factory, cloud services as well as generative artificial intelligence (AI) based business to business (B2B) services. The Investment segment mainly holds shares of its subsidiaries in different business areas. The Company also engaged in the petroleum, energy and chemicals, mobile communication services, IT distribution and materials, logistics and construction businesses through its subsidiaries.
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