This article was displayed on the ChosunBiz MoneyMove (MM) website at 3:13 p.m. on Dec. 4, 2025.
Domestic private equity fund (PEF) manager Centroid Investment Partners (hereafter Centroid) is setting up a 400 billion won project fund to invest in YUDO, a plastics injection molding process equipment corporations.
According to the investment banking (IB) industry on the 4th, Centroid has decided to acquire a minority equity in YUDO for 600 billion won and is creating a 400 billion won fund.
The remaining 200 billion won of the 600 billion won acquisition price will be raised through acquisition financing. The lead manager is NH Investment & Securities.
The target of the acquisition is the 30% equity in YUDO held by the U.K.-based asset management company ICG. ICG previously invested in YUDO with convertible preferred stock (CPS) in 2017 and joined as the second-largest shareholder. The remaining 70% equity is still held by the founder's family office.
Centroid PE recently signed a memorandum of understanding (MOU) for the YUDO investment and has been pushing ahead with fundraising. As it does not yet have a blind fund, it needs to use a project fund and acquisition financing.
YUDO is a hot runner system (HRS) company used in injection molding, one of the plastic production processes. HRS is a component that plays a core role in plastic injection. It controls temperature, pressure, and flow rate when plastic resin flows in liquid form through the internal channels of a mold.
The hot runner method has the advantage of generating less waste compared with the cold runner method. Thanks to this, there is strong demand across industries including automobiles, electronics and home appliances, packaging, and medical. The global HRS market is growing 2.8% annually and is expected to maintain that level of growth going forward.
As of last year, YUDO posted a 13% share of the global market, a level that is No. 1 worldwide. It has 93 sales bases in 40 countries around the world and 17 production bases.