# Jinan Acetate Chemical to acquire Cerdia for $368 million

Jinan Acetate Chemical announced it will acquire 100% of global acetate fiber giant Cerdia for approximately $368 million, comprising $214 million in cash and 109,295 thousand newly issued shares.

- Type: Acquisition
- Announced: 2026-11-06
- Value: $368.0M
- Status: announced
- Products: acetate fiber
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Jinan Acetate Chemical](https://endata.com/companies/94238.md) (acquirer)
- [Cerdia Holding](https://endata.com/companies/94239.md) (target)

## Sources

- [finance.biggo.com](https://finance.biggo.com/news/TW_4763.TW_2026-11-06), 2026-11-06: "the company will acquire 100% of global acetate fiber giant Cerdia for approximately $368 million"
- [finance.biggo.com](https://finance.biggo.com/quote/4763.TW/earnings-call/TW_4763.TW_2026-11-06), 2026-11-06: "CFO Chen Chieh-Jui revealed that the company will acquire 100% of global acetate fiber leader Cerdia for approximately US$368 million"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.