# Toyo Ink to merge Toyochem and Toyo ADL in polymers and coatings reorganization

Toyo Ink SC Holdings Co., Ltd. plans to merge its wholly-owned subsidiaries Toyochem Co., Ltd. and Toyo ADL Corporation to reorganize its polymers and coatings related business. The merger is expected to take effect on January 1, 2021, with Toyochem as the surviving company.

- Type: Acquisition
- Announced: 2020-09-14
- Where: Japan
- Status: announced
- Products: polymers, coatings, adhesives, hotmelt products, natural extracts
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Toyo Ink SC Holdings Co., Ltd.](https://endata.com/companies/49888.md)
- [Toyochem Co., Ltd.](https://endata.com/companies/49889.md) (target)
- [Toyo ADL Corporation](https://endata.com/companies/49890.md) (target)

## Sources

- [inkworldmagazine.com](https://www.inkworldmagazine.com/breaking-news/toyo-ink-merges-consolidated-subsidiaries-in-reorg-of-polymers-coatings-related-business/), 2020-09-14: "Toyo Ink SC Holdings Co., Ltd. plans to merge its wholly-owned subsidiaries Toyochem Co., Ltd. and Toyo ADL Corporation to reorganize its polymers and coatings related business."

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