NIPPON SHOKUBAI announced that it will acquire all shares of Goyo Chemical Industry and make it a subsidiary. The acquisition price is ¥20 billion, with the aim of strengthening proposal capabilities in the electronics materials sector and expanding globally.
NIPPON SHOKUBAI announced that it will acquire all shares of Goyo Chemical Industry, which manufactures and sells specialty materials including electronics materials, functional resins and cosmetics, and make it a subsidiary.
The acquisition price is ¥20 billion. By combining the materials and technologies held by the 2 companies, NIPPON SHOKUBAI aims to accelerate development for semiconductor applications and create high-value-added products. In the specialty materials field, it also plans to expand its portfolio of highly differentiated products and broaden its global customer base by making mutual use of the domestic and overseas sales channels of the 2 companies.
The announcement appears intended to enable NIPPON SHOKUBAI to incorporate Goyo Chemical Industry’s assets and strengthen its integrated proposal capabilities in electronics materials.