Nippon Shokubai and Sanyo Chemical to integrate via joint share transfer

Nippon Shokubai and Sanyo Chemical Industries executed a final agreement to establish a joint holding company, Synfomix Co., Ltd., through a joint share transfer, integrating their businesses.

“We hereby announce that today, the Companies’ adopted a resolution in their respective extraordinary meeting of the Board of Directors to conduct a business integration by establishing Synfomix Co., Ltd. by way of joint share transfer.”sanyo-chemical.co.jp

• 5 sources
• sanyo-chemical.co.jpNotice Regarding the Execution of a Final Agreement Concerning the Business Integration by Way of Joint Share Transfer Between Nippon Shokubai Co., Ltd. and Sanyo Chemical Industries, Ltd - Sanyo ChemicalNov 29, 2019
• borderless.netNippon Shokubai, Sanyo Chemical enter merger agreement to form Synfomix - BorderlessKartik KohliDec 2, 2019
• specchemonline.comJapanese SAP firms complete merger | Speciality Chemicals MagazineDec 3, 2019
• cen.acs.orgJapanese chemical makers Nippon Shokubai and Sanyo Chemical to mergeKatsumori Matsuoka, special to C&ENDec 5, 2019
• fuelsandlubes.comNippon Shokubai and Sanyo Chemical merger to give rise to Synfomix Co., Ltd. - F&L AsiaVicky Denton

Summarized from public sources; check the original articles before acting on it.