Aica Kogyo to Acquire TAKARAINC as Subsidiary to Boost Specialty Materials Segment

Aica Kogyo Company, Limited ( (JP:4206) ) has shared an announcement.

Aica Kogyo Company, Limited has announced the signing of a memorandum of understanding to acquire TAKARAINC. CO. Ltd as a subsidiary through a partial share exchange. This acquisition aligns with Aica Kogyo’s medium-term business plan to enhance its specialty and performance materials segment, particularly in the automotive sector, by integrating TAKARAINC’s advanced film processing technologies with Aica’s resin technologies. The acquisition is expected to drive growth and improve competitiveness in the market.

More about Aica Kogyo Company, Limited

Aica Kogyo Company, Limited operates in the chemical products industry, focusing on the manufacture and sales of laminates and building materials. The company aims to leverage its bonding and joining technologies, developed in the wooden furniture and construction sectors, to expand into non-construction fields such as automotive, consumer goods, and electronic materials.

YTD Price Performance: 1.95%

Average Trading Volume: 190,933

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen215.6B

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