Mitsui Chemicals announced plans to acquire JSR, jointly investing approximately ¥1.8 trillion with JIC, a public-private fund, to strengthen its semiconductor materials supply capacity.
Mitsui Chemicals formally announced on the 9th that it plans to acquire JSR. The acquisition will be pursued jointly with JIC, a public-private fund, and the total transaction value is reportedly approximately ¥1.8 trillion.
The target is JSR, a major semiconductor materials company. The 2 companies said they aim to strengthen the semiconductor materials supply system by leveraging JSR's technological capabilities and product lineup. JSR is headquartered in Tokyo.
The announcement is intended to ensure the stability of materials supplies in the semiconductor sector and strengthen competitiveness in Japan and overseas. Further updates are expected on the specific procedures and timing for completion.
Mitsui Chemicals said it plans to expand its semiconductor materials business base through the acquisition and enhance its technological capabilities through cooperation with JSR.