KORYO Nobel EXPLOSIVES CO., LTD.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
KORYO Nobel EXPLOSIVES CO., LTD. - overview
Established
1993
Location
Busan, -, South Korea
Primary Industry
Chemicals
About
Koryo Nobel Explosives Co. , Ltd. is a South Korean company specializing in the manufacture and supply of industrial explosives and chemical products, providing essential solutions for construction, mining, and demolition industries. Founded in 1993 and headquartered in Busan, South Korea, Koryo Nobel Explosives Co.
, Ltd. manufactures explosives and chemical products for explosive applications. The company has successfully completed 3 deals, with the latest being a Secondary Buyout where Kiwoom Private Equity and Korea Investment & Securities acquired the company for KRW 220 billion on August 6, 2024. The company was previously owned by EUM Private Equity, and no pivots in business strategy have been mentioned.
Koryo Nobel Explosives Co. , Ltd. specializes in manufacturing industrial explosives and chemical products, with a notable product being New Emulite (NE), known for its safety and handling characteristics. The company caters to diverse industries including construction and mining, providing tailored blasting solutions and technical support.
Their products are marketed both domestically in South Korea and internationally, reflecting their commitment to safety and efficiency in explosive applications. In 2023, Koryo Nobel Explosives Co. , Ltd. reported a revenue of KRW 53,594,745.
1 and an EBITDA of KRW 14,582,104. 2. The company operates under a B2B model, supplying bulk purchases of industrial explosives and chemical products directly to contractors and businesses in the construction and mining sectors, ensuring a stable revenue stream. With the recent acquisition finalized in August 2024, Koryo Nobel plans to leverage the KRW 220 billion investment to enhance product development and expand into new markets.
Specific regions targeted for expansion have not been disclosed, but the company is expected to focus on increasing its international presence. The funding will support the design and launch of new products, aiming to meet the evolving needs of its client base in the explosives market.
Current Investors
EUM Private Equity
Primary Industry
Chemicals
Sub Industries
Electronic Coils & Transformers, Explosives
Website
www.koryoexp.co.kr
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
KORYO Nobel EXPLOSIVES CO., LTD. - timeline of key events
KORYO Nobel EXPLOSIVES CO., LTD. - financials
| Fiscal Year Ended | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 123,072,745,152 | 117,719,338,064 | 133,672,223,729 | 130,699,087,812 | 139,440,338,983 | 166,350,491,132 | 222,814,122,420 | 128,540,389,877 | 56,766,831,649 | 54,857,630,272 | 57,876,085,475 | 61,781,599,840 | - | - | - |
| % Revenue Growth (YoY) | - | (4.3%) | 13.6% | (2.2%) | 6.7% | 19.3% | 33.9% | (42.3%) | (55.8%) | (3.4%) | 5.5% | 6.7% | - | - | - |
| EBITDA (USD) | 13,045,448,493 | 13,777,888,408 | 18,743,456,566 | 17,994,149,176 | 24,651,120,967 | 28,459,132,837 | 36,938,776,544 | 16,085,575,443 | 5,190,566,991 | 8,907,272,745 | 9,047,897,019 | 11,152,757,406 | - | - | - |
| Operating Income (USD) | 8,259,792,858 | 8,414,306,245 | 14,462,198,025 | 13,698,303,977 | 20,896,194,559 | 22,468,336,934 | 32,064,334,146 | 11,148,174,640 | 2,665,607,519 | 6,903,493,647 | 6,824,713,498 | 8,800,024,560 | - | - | - |
| Operating Margin | 6.7% | 7.1% | 10.8% | 10.5% | 15.0% | 13.5% | 14.4% | 8.7% | 4.7% | 12.6% | 11.8% | 14.2% | - | - | - |
| % EBITDA Margin | 10.6% | 11.7% | 14.0% | 13.8% | 17.7% | 17.1% | 16.6% | 12.5% | 9.1% | 16.2% | 15.6% | 18.1% | - | - | - |
| NET Income (USD) | 2,671,225,604 | 7,874,374,104 | 2,783,107,888 | (9,314,609,096) | 8,359,058,691 | 10,489,059,857 | 17,581,924,237 | 5,331,939,264 | (14,691,119,095) | 5,423,466,737 | 4,917,858,952 | 7,048,507,842 | - | - | - |
| % Net Margin | 2.2% | 6.7% | 2.1% | (7.1%) | 6.0% | 6.3% | 7.9% | 4.1% | (25.9%) | 9.9% | 8.5% | 11.4% | - | - | - |
KORYO Nobel EXPLOSIVES CO., LTD. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | KORYO Nobel EXPLOSIVES CO., LTD. | - | ||||||||
| Recapitalisation | Completed | KORYO Nobel EXPLOSIVES CO., LTD. | - | ||||||||
| Buyout | Completed | KORYO Nobel EXPLOSIVES CO., LTD. | - |
Displaying 1 - 3 of 3
KORYO Nobel EXPLOSIVES CO., LTD. - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.