Sekisui Chemical Co., Ltd., Vantec Co., Ltd. and Tokuyama Sekisui Co.,Ltd. agreed to acquire PVC Pipes and Joints business of Shin-Etsu Polymer from Shin-Etsu Polymer Co.,Ltd.
September 07, 2023
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Sekisui Chemical Co., Ltd. (TSE:4204), Vantec Co., Ltd. and Tokuyama Sekisui Co.,Ltd. agreed to acquire PVC Pipes and Joints business of Shin-Etsu Polymer from Shin-Etsu Polymer Co.,Ltd. (TSE:7970) on September 8, 2023. The transaction is expected to close on November 1, 2023.
Shin-Etsu Polymer Co.,Ltd. is a Japan-based company primarily engaged in the manufacture and sale of electronic devices, precision moldings, as well as dwelling environment and living materials. The Company operates in three business segments. The Electronic Device segment is engaged in the manufacture and sale of input devices, display related devices and component related products. The Precise Molded Item segment manufactures and sells semiconductor related containers and carrier tape related products, office automation equipment parts and silicon rubber molding products. The Dwelling Environment and Living Material segment provides exterior material related products, wrapping films, plastic sheets and functional compounds, among others. The Company is also engaged in the design and construction of buildings and stores, as well as the sale of other processed goods, among others.
Sekisui Chemical Co., Ltd., Vantec Co., Ltd. and Tokuyama Sekisui Co.,Ltd. agreed to acquire PVC Pipes and Joints business of Shin-Etsu Polymer from Shin-Etsu Polymer Co.,Ltd.
SHIN-ETSU POLYMER CO.,LTD. 
