Mergers & AcquisitionsMedium•28 October 2026•
1 min read
The Siena and CL Asset Acquire Golfzon County for 1.8 Trillion Won
Key Facts
1The Siena Group and CL Asset Management signed an agreement to acquire 100% equity of Golfzon County in South Korea.
2The transaction carries an enterprise value of approximately 1.8 trillion won, making The Siena Group the largest golf course operator in South Korea.
The Siena Group and CL Asset Management signed an agreement to acquire 100% equity of Golfzon County in South Korea. Chosunbiz reported that the transaction carries an enterprise value of approximately 1.8 trillion won, with the stake being acquired from MBK Partners.
The acquisition establishes The Siena Group as the largest golf course operator in South Korea. The deal follows a sale process initiated by MBK Partners and aims to consolidate The Siena Group's leading position in the domestic leisure sector.