K Wave Media signs exclusive LOI to buy controlling stake in South Korean semiconductor-materials firm
KWM•Exclusive LOI for controlling stake
K Wave Media entered an exclusive LOI to buy a controlling stake of 50% plus one share in a privately held South Korean semiconductor-materials company.
Due diligence is expected to run about four weeks, with a share purchase agreement targeted by end-August 2026. Closing is targeted by end-October 2026, subject to due diligence, financing, and other customary conditions.
Target company profile and financials
The target develops advanced materials and specialty chemicals used in semiconductor production, with an established IP portfolio and global customer exposure.
Audited financials show double-digit revenue growth from 2024 to 2025, with EBITDA margin and net income margin expansion.
