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DIC acquires Chinese coating resins maker Guangdong TOD New Materials · Endata

◂ Announcements

Jul 1, 2022ACQUISITIONGuangdong Province, China, China

DIC acquires Chinese coating resins maker Guangdong TOD New Materials

DIC Corporation, through its subsidiary DIC (China) Co., Ltd., wholly acquired Guangdong TOD New Materials Co., Ltd., a Chinese coating resins manufacturer. The acquisition price was undisclosed.

Status

Completed

Productscoating resinswater-based resins

CompaniesDIC Corporation acquirer Guangdong TOD New Materials Co., Ltd. target Guangdong TOD New Material Co. target

Sectors#Specialty Chemicals

“DIC decided to explore acquiring a local producer with a customer base in China as the most effective means to quickly expand its business in China.”dic-global.com

2 sources
dic-global.comDIC Acquires Chinese Coating Resins Manufacturer Guangdong TOD New Materials Co., Ltd. | News 2022 | DIC CorporationJul 1, 2022
coatingsworld.comDIC Corporation Acquires TODNM, a Chinese Coating Resins Manufacturer - Coatings WorldBy: KERRY PIANOFORTE EditorJul 13, 2022

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

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