IPO mulling Sampyo takes top spot in ready-mix concrete biz

Published : Jul 15, 2016 - 10:33 Updated : Jul 15, 2016 - 10:52

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[THE INVESTOR] Sampyo Group became the largest ready-mix concrete supplier in South Korea in 2015, industry data showed on July 15.

Sampyo is now mulling IPO.

Excluding subsidies, however, the top ready-mix supplier was Eugene Corp. that has maintained its position since 2006.

Sampyo

According to the Korea Ready Mix Concrete Industry Association, Sampyo companies’ combined output came in at 7.57 million cubic meters in 2015.

The figure is 32.5 percent higher than the previous year, and 130,000 cubic meters more than that of Eugene.

By Choi He-suk (cheesuk@heraldcorp.com)