# 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.

- Type: Acquisition
- Announced: 2017-06-20
- Where: California, USA, United States
- Value: $15.0M
- Status: announced
- Products: formulated advanced resins for high-performance composites
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Kaneka](https://endata.com/companies/5927.md) (acquirer)
- [Kaneka Americas Holding](https://endata.com/companies/25006.md) (acquirer)
- [Applied Poleramic Inc.](https://endata.com/companies/25007.md) (target)

## Sources

- [kaneka.co.jp](https://www.kaneka.co.jp/en/topics/news/kaneka-has-agreed-to-acquire-a-u-s-formulated-advanced-resin-supplier/), 2017-06-20: "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."

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