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Toagosei Co ( (JP:4045) ) has provided an announcement.
Toagosei Co., Ltd. has decided to dissolve its joint venture with Newell Brands Inc. Group in the U.S. by acquiring the latter’s equity interest in Elmer’s & Toagosei Co. This move aims to enhance Toagosei’s flexibility and agility in the competitive adhesive market, particularly for its Krazy Glue brand. The company plans to strengthen its market share and expand its operations internationally by leveraging its integrated production and sales capabilities.
More about Toagosei Co
Toagosei Co., Ltd. operates in the adhesive materials industry, manufacturing and selling products such as Aron Alpha, a well-known brand of instant adhesives. The company focuses on high-performance, high-value-added adhesives used in various applications, including consumer products, automobiles, and electronic materials.
Average Trading Volume: 235,870
Technical Sentiment Signal: Buy
Current Market Cap: Yen156B
See more insights into 4045 stock on TipRanks’ Stock Analysis page.