AGC Partners Advises Doosan Heavy Industries on its Divestiture of Doosan Hydro Technology to Shanghai SafBon Water Service

AGC Partners is pleased to announce that its client, Doosan Hydro Technology, a subsidiary of South Korea-based Doosan Heavy Industries which designs and manufactures custom-engineered water and wastewater treatment systems, has been acquired by Shanghai SafBon Water Service, a provider of water treatment and environmental protection solutions in China. With a team comprised of Joe Dews and Will Broughton, AGC Partners acted as sole financial advisor to Doosan.

Doosan is an international company with global operations. I was very impressed by Joe and AGC's ability to orchestrate a global process for us, engaging with and securing offers from interested parties around the world to ensure the best outcome for Doosan. My team and I look forward to working together again with Joe and the team at AGC.
Jaesub Sung, Vice President, Corporate Finance Project Team, Doosan Heavy Industries & Construction

AGC Partners acted as sole financial advisor to Doosan Heavy Industries in July, 2017