Hankook Tire Acquires Digital Prototype Company

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According to Business Korea, Hankook Tire has acquired a 75% share of Model Solution, a Korea-based advanced digital prototype solution company, for an estimated $62 million USD.

“The acquisition is in line with the company’s strategy to secure new growth engines by aggressively acquiring companies with advanced technology and design capabilities,” according to the report.

Read the source article at Tire Review