# Daiichi Kasei acquires Ultrafabrics for $150 million

Daiichi Kasei Co. Ltd. acquired Ultrafabrics LLC for an enterprise value of $150 million. Ultrafabrics is a manufacturer of high-performance polyurethane fabrics for OEM customers in furniture, automotive, RV, aviation, healthcare, and marine markets.

- Type: Acquisition
- Announced: 2017-03-08
- Where: Tarrytown, New York, United States
- Value: $150.0M
- Status: completed
- Products: high-performance polyurethane fabrics
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Daiichi Kasei](https://endata.com/companies/22905.md) (acquirer)
- [Ultrafabrics](https://endata.com/companies/22906.md) (target)

## Sources

- [textileworld.com](https://www.textileworld.com/textile-world/nonwovens-technical-textiles/2017/03/lincoln-international-represents-ultrafabrics-llc-in-its-sale-to-daiichi-kasei-co-ltd/), 2017-03-16: "Lincoln International recently represented Ultrafabrics LLC in its sale to Daiichi Kasei Co. Ltd. for a total consideration that translates into an enterprise value of $150 million."
- [prnewswire.com](https://www.prnewswire.com/news-releases/ultrafabrics-llc-and-daiichi-kasei-co-ltd-come-together-as-one-300424973.html), 2017-03-16: "Everything each company does is complementary to one another, so it's a natural progression and transition."
- [textilemedia.com](https://www.textilemedia.com/about-us/latest-news/daiichi-kasei-to-fully-acquire-ultrafabrics/), 2017-04-20: "The acquisition of the shares, reported at US$126m, saw DKK increase its previous 16% stake in Ultrafabrics to 100%"
- [textilemedia.com](https://www.textilemedia.com/mobiletex/latest-news/?start=690), 2017-04-20: "DKK and Ultrafabrics have been longstanding partners in the production of the US company’s high-performance fabrics"

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