Sungjin Geotec Overview

  • Year Founded
  • 1989

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

  • Investors
  • 1

Sungjin Geotec General Information

Description

Manufacturer of fabricated structural metal. The company caters to power, industrial and offshore plant industry and is specialized in making furnaces, towers, columns, pressure vessels, heat exchangers, reactors, scrubbers, steam drums, separators and spherical tanks.

Contact Information

Website
www.sgtkor.com
Formerly Known As
Seongjin Machinery
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 20-1
  • Seongam-dong
  • Ulsan
  • South Korea
Primary Industry
Machinery (B2B)
Acquirer
Posco Plantec
Vertical(s)
Manufacturing, Industrials
Corporate Office
  • 20-1
  • Seongam-dong
  • Ulsan
  • South Korea

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Sungjin Geotec Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 16-Jul-2013 Completed Generating Revenue
3. PIPE 17-Mar-2010 Completed Generating Revenue
2. IPO 29-Nov-2007 Completed Generating Revenue
1. Early Stage VC Completed Startup
To view Sungjin Geotec’s complete valuation and funding history, request access »

Sungjin Geotec Patents

  • 2

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • Pending

  • Expiring in next 12 mo

Sungjin Geotec Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20130267615-A1 Process for production of dimethyl ether at a dme-fpso system for conversion of associated gas in oil fields and stranded gas in stranded gas fields Inactive 31-Oct-2011
US-20130109888-A1 Dme-fpso system for conversion of associated gas in oil fields and stranded gas in stranded gas fields, and process for production of dimethyl ether using the same Inactive 31-Oct-2011

Sungjin Geotec Former Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds
Korea Investment Partners Venture Capital Minority
Mirae Asset MAPS Investment PE/Buyout Minority
To view Sungjin Geotec’s complete investors history, request access »

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Sungjin Geotec FAQs

  • When was Sungjin Geotec founded?

    Sungjin Geotec was founded in 1989.

  • Where is Sungjin Geotec headquartered?

    Sungjin Geotec is headquartered in Ulsan, South Korea.

  • What industry is Sungjin Geotec in?

    Sungjin Geotec’s primary industry is Machinery (B2B).

  • Is Sungjin Geotec a private or public company?

    Sungjin Geotec is a Private company.

  • What is Sungjin Geotec’s current revenue?

    The current revenue for Sungjin Geotec is .

  • How much funding has Sungjin Geotec raised over time?

    Sungjin Geotec has raised $140M.

  • Who are Sungjin Geotec’s investors?

    Korea Investment Partners and Mirae Asset MAPS Investment have invested in Sungjin Geotec.

  • When was Sungjin Geotec acquired?

    Sungjin Geotec was acquired on 16-Jul-2013.

  • Who acquired Sungjin Geotec?

    Sungjin Geotec was acquired by Posco Plantec.

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