KR Motors Co., Ltd.

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KR Motors Co., Ltd. - overview

Established

1917

Location

Changwon, Gyeongsangnam, South Korea

Primary Industry

Automobiles, Other Vehicles & Parts

About

KR Motors, based in Changwon, South Korea, is engaged in the manufacturing and marketing of two-wheeled vehicles, prominently focusing on scooters and motorcycles designed for diverse riding needs. Founded in 1917 in Changwon, South Korea, KR Motors specializes in the production of scooters and motorcycles. The company has operated independently without mention of parent or subsidiary relations. Details about its founder's history are not provided, nor are there indications of significant strategic pivots during its operation.


KR Motors specializes in the manufacture and sale of a diverse range of two-wheeled vehicles, with a core focus on scooters and motorcycles. Their flagship products include the Aquila series, particularly the Aquila 300S Supreme, designed for long-distance travel and equipped with features that enhance rider comfort and safety. The company also offers models such as the K-WIN 125, known for its advanced scooter specifications, and various iterations of the BEAVER and Roady series, which cater to different riding preferences and customer needs. The products are engineered for urban commuting, leisure riding, and practical transportation, serving a broad customer base that includes individual consumers, retailers, and distributors.


KR Motors markets its vehicles primarily in South Korea, but they also aim to expand their reach into international markets, targeting regions that prioritize efficient and accessible alternatives to traditional motor vehicles. KR Motors generates revenue through direct sales of its motorcycles and scooters, targeting both individual consumers and business clients such as retailers and wholesalers. The company's sales model is characterized by direct-to-consumer transactions, as well as partnerships with dealerships that facilitate broader market access. Pricing structures for their vehicles vary based on model and specifications, with flagship offerings like the Aquila 300S Supreme positioned at a premium due to their advanced features and capabilities.


The company engages in one-time sales transactions, complemented by potential service packages or warranties that enhance customer satisfaction and retention. Overall, KR Motors maintains a revenue stream that is bolstered by its comprehensive product lineup, catering to a diverse range of consumer needs in the two-wheeled vehicle market.


Primary Industry

Automobiles, Other Vehicles & Parts

Sub Industries

Automobiles, Other Vehicles & Parts

Website

www.krmotors.com/

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

KR Motors Co., Ltd. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleAnnouncedDYNAMEC Inc.-

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