Nippon Shokubai will acquire 互応化学工業 for ¥20 billion and strengthen its proposal capabilities in the functional resins and semiconductor materials fields. The acquisition will be the largest deal in the company’s history.
Nippon Shokubai announced that it had acquired 互応化学工業 for ¥20 billion. The acquisition is expected to expand the company’s business portfolio in areas centered on functional resins.
The target, 互応化学工業, is based in Uji, Kyoto Prefecture, and is engaged in the manufacture and sale of functional resins and other products. Its president is Masato Matsumura (松村 正人).
The acquisition is the largest deal in Nippon Shokubai’s history and is believed to be aimed at strengthening its proposal capabilities in areas including semiconductor materials.
Specific details of the integration and future business development remain limited to those stated in the announcement, and further updates are awaited.