EQT agreed on 30 September 2026 to sell Acuon Group, a South Korean non-bank lender, to a consortium of Hanwha Life Insurance and Centroid Investment Partners. The price was not disclosed but was reported at around ₩870bn.
Deal terms and financing
The consortium is buying EQT's 96.06% holding in Acuon Capital, which wholly owns Acuon Savings Bank. Hanwha Life will hold 50.54% and Centroid 45.52%; Centroid is reported to have a put option to sell its stake to Hanwha Life later.
Regulatory approvals and timing
Closing requires approval from Korean financial regulators, which the buyers aim to secure by year-end.
Market context
Under EQT, Acuon's total assets roughly doubled to about ₩10tn and its savings bank rose to fifth in Korea by lending. Hanwha Life's relatively low solvency ratio was reported as a reason for sharing the purchase.
