Samsung SDS Co.,Ltd. completed the acquisition of 33.39% stake in EMRO., Incorporated. from Jaemin Song, Jaeyeop Kim, and Sungwoong Shin.
May 30, 2023
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Samsung SDS Co.,Ltd. (KOSE:A018260) signed a stock purchase agreement to acquire 33.39% stake in EMRO., Incorporated. (KOSDAQ:A058970) from Jaemin Song, Jaeyeop Kim, and Sungwoong Shin for approximately KRW 110 billion on March 15, 2023. Samsung acquires 3,744,064 shares representing 33.39% ownership for 29,862 per share in EMRO. The scheduled date of change is May 31, 2023.
Samsung SDS Co.,Ltd. (KOSE:A018260) completed the acquisition of 33.39% stake in EMRO., Incorporated. (KOSDAQ:A058970) from Jaemin Song, Jaeyeop Kim, and Sungwoong Shin on May 31, 2023.
Emro Incorporated is a Korea-based company mainly engaged in the provision of purchase and supply chain management (SCM) solutions. The Companyâs products include smart suite, smart framework, data management and process innovation (PI) consulting services. Smart suite provides integrated solution for optimization on the entire purchasing value chain. Smart framework provides a workspace that maximizes user convenience to enhance system utilization and increase userâs work efficiency. Process innovation consulting services provide professional consulting services which are improvement, process innovation, Information technology (IT) infra innovation and cost innovation. Data management provides a basis for understanding data quality issues and the ability to define business rules directly from the data.