Acquisition of Hitachi Chemical’s Printed Circuit Board Chemicals Business
First written in FY2018-Q1. 2 of 4 entries say "Advanced", first in FY2018-Q2. Latest entry: FY2019-Q3.
4 other companies' latest entry also says "Advanced".
- FY2019-Q3AdvancedAnnual report
「At the end of the previous consolidated fiscal year, the purchase price allocation was finalised and reviewed. As a result of the review, the provisionally calculated goodwill of ¥521.741 million decreased by ¥122.080 million to ¥399.661 million.」
Regarding the acquisition of Hitachi Chemical's business, the provisional purchase price allocation was finalised, and goodwill was revised from ¥521.741 million to ¥399.661 million. - FY2018-Q3AchievedAnnual report
「The Group's consolidated subsidiary メルテックス株式会社 acquired Hitachi Chemical Co., Ltd.'s (hereinafter, “Hitachi Chemical”) chemicals business for printed wiring boards on 29 June 2018, based on a resolution of the board of directors of メルテックス株式会社 held on 23 March of the same year.」
The acquisition of Hitachi Chemical's chemicals business for printed wiring boards was completed on 29 June 2018. Consideration paid was ¥1 billion, and goodwill of ¥521.741 million and technology assets of ¥441 million were recorded. - FY2018-Q2AdvancedAnnual report
「In the surface treatment chemicals business, group company メルテックス株式会社 plans to acquire Hitachi Chemical Corporation's chemicals business for printed wiring boards in the third quarter as a new business initiative. The acquisition will fill gaps in the printed-wiring-board chemicals lineup, and preparations have begun to develop new markets.」
The acquisition of Hitachi Chemical's business proceeded as scheduled for the third quarter, and the Group recorded ¥441 million in advance payments related to the acquisition in the second quarter under review. - FY2018-Q1First statedAnnual report
「As one measure toward achieving our vision, we have agreed to acquire Hitachi Chemical's chemicals business for printed wiring boards. The acquisition will further expand our product lineup of plating chemicals and surface treatment agents for wiring boards and semiconductor packages. This will enable the chemicals business to further optimize peripheral materials and various process products, strengthen its capabilities as a total-solutions provider for surface treatment chemicals, and pursue sales growth by leveraging its broad sales network in Japan, South Korea, mainland China, Taiwan, Hong Kong and Southeast Asia.」
The Group entered into a business transfer agreement with Hitachi Chemical and disclosed for the first time its plan to acquire its chemicals business for printed wiring boards. The acquisition was scheduled for 29 June 2018.