# IMCD Japan acquires Kuni Chemical to expand in industrial applications

IMCD Japan acquired 100% of Kuni Chemical, a specialty chemical distributor based in Osaka, Japan. Kuni Chemical generated revenue of approximately JPY 2,500 million (EUR 18 million) in 2021 and has 28 employees.

- Type: Acquisition
- Announced: 2022-09-07
- Where: Osaka, Japan
- Value: $18.0M (18.0M EUR)
- Status: completed
- Products: specialty chemicals for coatings, construction, automotive, packaging
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [IMCD](https://endata.com/companies/20622.md) (acquirer)
- [Kuni Chemical](https://endata.com/companies/65189.md) (target)
- [IMCD Japan](https://endata.com/companies/65271.md) (acquirer)

## Sources

- [uk.finance.yahoo.com](https://uk.finance.yahoo.com/news/imcd-japan-extends-footprint-industrial-170000891.html), 2022-09-07: "IMCD Japan had acquired 100% of the shares of the speciality distribution company, Kuni Chemical Co., Ltd."
- [readmagazine.com](https://readmagazine.com/industries/chemicals/imcd-japan-extends-its-footprint-in-industrial-applications-with-the-acquisition-of-kuni-chemical/), 2022-09-13: ""IMCD Japan was established as a greenfield in 2016, and this acquisition marks a major milestone as we continue to grow in the country," commented Shunsaku Kubo, Managing Director of IMCD Japan."

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