AGC Partners Advises Doosan Heavy Industries on its Divestiture of Doosan Hydro Technology to Shanghai SafBon Water Service

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Transaction Details

AGC Partners is pleased to announce that its client, Doosan Hydro Technology, a subsidiary of South Korea-based Doosan Heavy Industries which designs and manufactures custom-engineered water and wastewater treatment systems, has been acquired by Shanghai SafBon Water Service, a provider of water treatment and environmental protection solutions in China. With a team comprised of Joe Dews and Will Broughton, AGC Partners acted as sole financial advisor to Doosan.

AGC Partners Advises Doosan Heavy Industries on its Divestiture of Doosan Hydro Technology to Shanghai SafBon Water Service

Testimonial

Doosan is an international company with global operations. I was very impressed by Joe and AGC's ability to orchestrate a global process for us, engaging with and securing offers from interested parties around the world to ensure the best outcome for Doosan. My team and I look forward to working together again with Joe and the team at AGC.

Jaesub Sung, Vice President, Corporate Finance Project Team, Doosan Heavy Industries & Construction

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