KPF enters into the business of precision reducer, a core component of the robot industry

▶ Fully acquired SBB Tech, the first in Korea to successfully mass-produce precision reducers

▶ Secure a bridgehead for future growth by entering businesses related to the 4th industrial revolution such as robots and smart factories

<<2018-09-17> KPF took over SBB Tech, the first in Korea to mass-produce precision reducers, to secure future growth engines.

KPF (024880, CEO Song Moo-hyun, Kim Hyung-no), which specializes in fasteners and automotive parts, announced that it will take over SBB Tech, which was the first in Korea to mass-produce precision reducers. The precision reducer is a core part of the robot industry that has been exclusively supplied by Japanese HDS for the past 50 years.

KFA announced in a public announcement that it would secure 45.78% of SBB Tech's stake through SBB Tech's acquisition of old stock and issuance of new shares. The amount of investment is about 12.1 billion won.

SBB Tech, acquired by KFF, has 37 patents and 4 patent applications, and has been engaged in manufacturing and supplying special parts used in semiconductor manufacturing lines such as Samsung Electronics and SK Hynix as its main business. In the semiconductor industry, which is a downstream industry, domestic semiconductor companies are expected to maintain competitiveness for the time being, and sales of existing business units are expected to remain steady. If the company's precision processing technology is applied to KFA's auto parts business, synergy effects such as entry into new product fields are possible.

SBB Tech, in particular, has been attracting the attention of the industry by successfully mass-producing the precision reducer, the core component of the 4th industrial revolution, under the trademark ROBO DRIVE since 2015. Precision reducers are being used as a key in manufacturing products related to the 4th industrial revolution, such as robots and smart factories, which are growing explosively around the world, leading the company's growth rapidly.

According to QYResearch data and HDS expansion plans, the precision reducer industry is expected to grow from a market of 500 billion won in 2017 to 1.7 trillion won in 2022 thanks to the strong trend of downstream industries such as robots and smart factories. have. The domestic robot and smart factory industries have also reduced the need for localization as the supply of Japanese HDS reducers could not meet the rapid increase in demand. SBB Tech, which has succeeded in localizing precision reducers in response to these market demands, is receiving hot attention from domestic and overseas robot and smart factory manufacturers.

Kim Hyung-no, CEO of KFA said, “If KFA's mass production capability and capital are combined with SBB Tech's technology, it is possible to secure product competitiveness comparable to that of Japanese HDS, which occupies 90% of the global precision reducer market. "We will make SBB Tech a new growth axis for KPF by supplying competitive products to robots and smart factory companies around the world as well as in Korea."