Kaneka to acquire U.S. formulated advanced resin supplier Applied Poleramic for $15 million

Kaneka Corporation, through its subsidiary Kaneka Americas Holding, agreed to acquire all shares of Applied Poleramic Inc. (API) for approximately USD 15 million. API is a formulated advanced resin supplier for aerospace composites, and the acquisition marks Kaneka's full-scale entry into the aerospace business.

“Kaneka Corporation's wholly owned subsidiary, Kaneka Americas Holding, Inc. and Applied Poleramic Inc., a formulated advanced resin supplier in the aerospace area have agreed to KAH's acquisition of all of API's shares and have entered into a Stock Purchase Agreement on June 19, 2017.”kaneka.co.jp

• 1 source
• kaneka.co.jpKaneka has agreed to acquire a U.S. Formulated Advanced Resin Supplier | KANEKA CORPORATIONJun 20, 2017

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