Wonik aiming to win orders from Samsung SDI
Wonik PNE has acquired the battery equipment business unit of Samji Electronics, TheElec has learned.
This is the company’s third acquisition in the past six months. Wonik PNE acquired Techland in October and NS in November.
Wonik PNE’s parent company Wonik Holdings acquired battery equipment maker PNE Solution in October 2020, entering the expanding battery equipment market.
Wonik PNE has secured all assets, including patents and sales rights, of the battery equipment unit of Samji Electronics, sources said.
The unit was a loss-making one that employed around 20 people and accounted for only 1.3% of Samjin Electronics’ revenue in 2021.
Samji Electronics started its battery equipment business in 2015 and offered formation and cycler equipment, mostly for main customer Samsung SDI.
Wonik PNE was aiming to secure competence in the back-end process in battery production through the acquisition of the business unit, sources said, with the aim to expand abroad.
NS and Techland were more focused on the assembly process, they said.
Wonik PNE will also likely aim to supply more equipment to Samsung SDI.
The company had won the order to supply back-end equipment for Samsung SDI’s factory in Malaysia last year.
But it in turn lost the order to supply equipment to Samsung SDI’s second factory in Hungary afterward.
This is despite Wonik Holdings and Wonik PNE employing multiple ex-Samsung executives.