How many acquisitions has Hanwha made so far?

Hanwha has completed 16 acquisitions so far, with an average acquisition amount of $386M.

Which countries does Hanwha usually acquire in?

Hanwha has made acquisitions in 10 countries with the most activity in South Korea and United States.

Which is Hanwha's latest acquisition?

Hanwha's most recent acquisition is Lippo General Insurance, a Internet first provider of health, life, and general insurance services, acquired in December 2025.

In which year did Hanwha make the most acquisitions?

Hanwha was most active in 2024, with 3 acquisitions completed in that year.

List of 16 Acquisitions by Hanwha (Sep 2026)

Hanwha has made a total of 16 acquisitions. These were completed across 10 countries, including South Korea, United States, and Germany, and span 7 sectors, notably Solar Energy, Nuclear Energy, and Insurance Carriers. Peak activity occurred in 2024 and 2021 with 3 acquisitions each, and in 2025 with 2. From 2020 to 2025, the firm maintained an average of 2.2 acquisitions annually, with 0 acquisitions completed in the current calendar year. The most recent acquisition is Lippo General Insurance, acquired in December 2025; founded in 1963 and based in Jakarta, it operates as an internet-first provider of health, life, and general insurance services.

Here's the year on year acquisition history of Hanwha:

Number of Total Acquisitions

Year	# Acquisitions
2025	2
2024	3
2023	1
2022	2
2021	3
2020	2
2019	1
2012	1
2011	1

View all Acquisitions by Hanwha

Recent acquisitions by Hanwha

Hanwha's most recent acquisition - Lippo General Insurance is a Internet first provider of health, life, and general insurance services, founded in 1963 and located in Jakarta. Hanwha acquired a 61.5% stake in it in December 2025 for a price of $*****.

Here is the list of all acquisitions by Hanwha sorted by the latest acquisition date:

Acquired on	Acquired Company	Acquisition Price	Facilitators	Stake Acquired	Acquisition Multiple
Dec 30, 2025	Lippo General Insurance	bcgh	yevg	73	171
Jun 10, 2025	Austal	grvs	lizk	70	935
Nov 21, 2024	Dyna-Mac Engineering Services	diho	esot	98	583
Jun 20, 2024	Philly Shipyard	ymcq	e{mq	72	781
Feb 29, 2024	HSD	gojm	{ouk	98	894