# Hitachi Chemical to acquire 100% of ISOLITE GmbH

Hitachi Chemical concluded a contract to acquire a 100% stake in ISOLITE GmbH, a German manufacturer of thermal insulations for automotive, aircraft and industrial applications, from Equita GmbH & Co. Holding KGaA and other shareholders.

- Type: Acquisition
- Announced: 2017-04-26
- Where: Rhineland-Palatinate, Germany
- Status: announced
- Products: thermal insulations
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Hitachi Chemical](https://endata.com/companies/23869.md) (acquirer)
- [ISOLITE GmbH](https://endata.com/companies/23870.md) (target)
- [Equita GmbH & Co. Holding KGaA](https://endata.com/companies/23871.md) (partner)
- [HT Beteiligungs GmbH](https://endata.com/companies/23942.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/HITACHI-CHEMICAL-COMPANY--6491342/news/Hitachi-Chemical-Notice-Regarding-the-Share-Acquisition-of-ISOLITE-GmbH-a-Thermal-Insulation-Manu-24274920/), 2017-04-27: "Hitachi Chemical Co., Ltd. announces the conclusion of a contract to acquire a 100 percent stake in ISOLITE GmbH"
- [orrick.com](https://www.orrick.com/News/2017/05/Cross-Border-Orrick-Team-Advises-Hitachi-Chemical-on-Acquisition-of-German-Thermal-Insulation-Mfr?p=1), 2017-05-01: "A stock purchase agreement was signed on April 26, 2017 in Düsseldorf, Germany."

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