# South Korean Shipbuilding Equipment Maker KC Sold to NVestor-TrueBlue Equity Consortium

> South Korean shipbuilding equipment maker KC sold to NVestor-TrueBlue Equity Consortium for ₩300 billion.
- Title: South Korean Shipbuilding Equipment Maker KC Sold to…
- Summary: South Korean shipbuilding equipment maker KC sold to NVestor-TrueBlue Equity Consortium for ₩300 billion.
- Keywords: nvester, trueblue equity, astra asset management, mirae n, uamco, ibk securities, shipbuilding equipment, south korean, seoul, corporate sale, private equity, South
- Source: BigGo Finance — https://finance.biggo.com/news/2b68c044-2096-44d6-b0cc-9b85e90b1546
- Author: BigGo Finance
- Published: 2026-10-16T06:25:31+00:00
- Read time: 1 min
- Topics: kc, nvester, trueblue equity, astra asset management, mirae n, uamco, ibk securities, shipbuilding equipment, south korean, seoul, corporate sale, private equity
## KC Co. selects NVestor-TrueBlue as preferred bidder
South Korean shipbuilding equipment maker KC Co. selected NVestor and TrueBlue Equity as preferred bidder for controlling stake.
## Deal valued at ₩300 billion
Deal valued at approximately ₩300 billion (about $224.4 million) covering 90.91% stake.
## Astra Asset Management acquired KC in February 2023
Astra Asset Management acquired KC for ₩170.5 billion (about $127.5 million) in February 2023.
## KC specializes in shipbuilding equipment systems
KC specializes in impressed current cathodic protection (ICCP) systems and marine growth prevention systems (MGPS).
## KC revenue grew to ₩61.9 billion in 2024
KC revenue increased from ₩43.6 billion in 2023 to ₩61.9 billion last year.
## KC operating margin remains 26.5%
KC maintained 26.5% operating margin despite revenue growth and profit dip.
## Consortium formed through Mirae N link
Mirae N served as link bringing NVestor and TrueBlue together for KC acquisition.
## Sale expected to close after MOU
Deal expected to close after signing memorandum of understanding and due diligence.
## Key takeaway

South Korean shipbuilding equipment maker KC sold to NVestor-TrueBlue Equity Consortium for ₩300 billion.