Evac Group has signed an agreement to divest Evac Korea Ltd to Daesong Unitech
We are pleased to announce news from our South Korean market.
Evac Group company Cathelco Ltd has signed a contract to sell 100% of shares in Evac Korea Ltd to Daesong Unitech.

The transaction is expected to be completed during September 2025. Evac Group is focused on maintaining business continuity during the divestment process and will make every effort to ensure a smooth transition.
Following the completion of the transaction, Daeson Unitech will provide sales agency services for Evac Group in South Korea, including both Evac and Cathelco products.
Daesong Unitech Ltd. (대송유니텍) is a South Korean engineering company specializing in modular unit systems for marine and industrial purposes. “This decision aligns with Evac’s long-term strategic growth objectives. We have ambitious sales targets in this important geographical area.
Daesong Unitech’s expertise and involvement in the territory will give us important and valuable insights into how we grow our market presence”, Evac Group CEO Björn Ullbro says.