# Sun Chemical acquires adhesives maker Sapici

Sun Chemical, a subsidiary of DIC Corp., has acquired Italian adhesives and polymers manufacturer Sapici and its holding company Finape. Financial terms were not disclosed.

- Type: Acquisition
- Announced: 2022-01-12
- Where: Italy
- Status: completed
- Products: adhesives, polymers, polyisocyanates
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [DIC Corporation](https://endata.com/companies/19672.md) (acquirer)
- [DIC Corporation](https://endata.com/companies/19672.md) (investor)
- [Sun Chemical](https://endata.com/companies/22104.md) (acquirer)
- [SAPICI](https://endata.com/companies/60226.md) (target)
- [Finape](https://endata.com/companies/60562.md) (target)

## Sources

- [chemanager-online.com](https://chemanager-online.com/en/news/sun-chemical-boosts-adhesives-with-sapici-buy), 2022-01-12: "Sapici said that by joining Sun Chemical and the DIC group, it will be able to leverage synergies in market segments that include coatings, adhesives, elastomers and sealants."
- [european-coatings.com](https://www.european-coatings.com/news/markets-companies/dic-group-acquires-sapici-and-its-holding-company/), 2022-01-25: "Access to Sapici’s production technologies shall give the DIC Group a competitive edge in Europe, where needs for ULM are high."

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