Hunet Absorbs and Merges with Global Contract Consulting Firm Shipley Korea
Active Support for Client Companies' Overseas Expansion
[Asia Economy Reporter Kim Heeyoon] Hunet announced on the 1st that it has absorbed and merged with Shipley Korea, a global order-winning consulting company.
Shipley Korea, the Korean branch of the global order-winning consulting company 'Shipley,' has achieved an 87% customer order success rate over 13 years since its establishment. Shipley Korea provides consulting in all areas necessary for winning orders, including proactive sales proposals, proposal sales training, domestic and international proposal development, and competitive presentations.
Hunet expects to secure a solid advantage as a leading corporate education company by creating synergy between education and consulting businesses through this merger.
Hunet and Shipley Korea have been preparing for the merger through active exchanges between the two companies since the M&A in April 2018, achieving various results such as sales growth and business expansion. After the merger, Shipley Korea's CEO Kim Yonggi will maintain his position as head of the business division.
Kim Yonggi, CEO of Shipley Korea, said, "We expect that the combination of Hunet's digital capabilities and Shipley's sales solutions will lead sales innovation for Korean companies," adding, "Based on Shipley's global network, we will actively support Hunet and its clients' overseas expansion."
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Cho Youngtak, CEO of Hunet, said, "The merger of Hunet and Shipley Korea is the first case since Hunet's founding to utilize M&A as a growth axis," and added, "Through the merger of Shipley Korea, which has expertise in order-winning sales, and Hunet, which has expertise in education, we will grow even bigger as a success partner for companies."
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