# Wilsonart sells Asia business to Aica Kogyo and DBJ for $150M

Wilsonart Engineered Surfaces announced a definitive agreement to sell its Wilsonart Asia business to Aica Kogyo Co. and Development Bank of Japan for $150 million. The transaction is expected to close in Q4 2019.

- Type: Acquisition
- Announced: 2019-10-31
- Where: United States
- Value: $150.0M
- Status: announced
- Products: high pressure laminates, building materials
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Development Bank of Japan](https://endata.com/companies/17501.md) (acquirer)
- [Wilsonart Engineered Surfaces](https://endata.com/companies/28570.md) (target)
- [AICA Kogyo Co.](https://endata.com/companies/41491.md) (acquirer)

## Sources

- [houston.citybuzz.co](https://houston.citybuzz.co/article/580276/wilsonart-engineered-surfaces-announces-sale-of-asia-business-to-aica-kogyo-co), 2019-10-31: "This transaction is a great opportunity for the Wilsonart Asia business to combine with a leader in the Asia market that has strong presence and scale in the region."

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