PBA Announces Completion of Strategic Acquisition of Soonhan Korea, the Leading Global Ultra-Precision Stage Solution Provider
11 Nov 2024
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Singapore, 12 November 2024 – PBA today announced a recently-completed merger and acquisition process with Soonhan Engineering Corp, the 30-year-old Korean ultra-precision stage solution provider. This move is part of our ongoing commitment to provide you with best-in-class service and products, with operations to continue seamlessly during this consolidation.
The strategic alliance between PBA and Soonhan reflects the latest ongoing evolution and growth of PBA Group of Companies over three decades as we continue our rapid development and success. With this merger, our customers can expect enhanced offerings, improved customer experience and an increased ability to bring you innovations that continuously meets your specific requirements and help you excel.
Together, the synergistic strengths of both companies will come to the fore – with PBA renowned for robotics & full suite of precision motion solutions for automation and Soonhan’s niche and leading position as the specialists in high-precision stages and ultra-precision custom gantries resulting in this convergence of complementary technologies. Soonhan Engineering Corp. will continue to operate in 135, Sagimakgol-ro, Joongwon-gu, Seongnam City, Gyeonggido, Korea, following this merger, with a fully-equipped manufacturing & technology centre now housing our unified technologies and innovation moving forward. We are confident that this strategic merger will significantly enhance our capabilities to serve customers and partners better and collaborate further.
During this transition process of unifying both companies, our steadfast commitment and dedication to customers and partners remains. Please reach out to us if you have any queries or require assistance.
Thank you for your continued support as we share with you this latest exciting development at PBA and Soonhan.
(Please visit https://www.pbasystems.com.sg/ and http://www.soonhan.com/for more information on PBA and Soonhan respectively.)
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For media queries, please contact:
PBA Group of Companies
T: +65 6576 6767