Nippon Kayaku Co., Ltd. signed an agreement to acquire Teikoku Taping System Co., Ltd.
February 24, 2021
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Nippon Kayaku Co., Ltd. (TSE:4272) signed an agreement to acquire Teikoku Taping System Co., Ltd. on February 5, 2021. The transaction is expected to close in April 2021.
NIPPON KAYAKU CO., LTD. is primarily engaged in the manufacture and sale of functional chemical products. The Company has three business segments. The Functional Chemical segment manufactures and sells functional materials, such as epoxy resin, ultraviolet curable resin and high-performance chemicals; pigment materials, including functional dyes, pigment for inkjet printers and others; catalysts, such as catalysts for acrylic and methacrylic acid manufacturing, as well as coloring materials, such as dyes and special coloring materials for nonfibrous products, among others. The Pharmaceutical segment supplies pharmaceutical products, medical intermediates and diagnostic medicines, among others. The Safety Systems segment provides inflators for airbags and micro gas generators for seatbelt pretensioners. The Company is also engaged in the manufacture and sale of agricultural chemicals.
NIPPON KAYAKU CO., LTD. 
