# Noroo Auto Coating absorbs Noroo Bichemical in merger

Noroo Holdings announced that its subsidiary Noroo Auto Coating has absorbed Noroo Bichemical in a merger, with Noroo Auto Coating surviving and Noroo Bichemical ceasing to exist. The merger date is November 1, 2022.

- Type: Acquisition
- Announced: 2022-09-14
- Where: South Korea
- Status: announced
- Products: automotive paint
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Noroo Auto Coating](https://endata.com/companies/65295.md) (acquirer)
- [Noroo Bichemical](https://endata.com/companies/65296.md) (target)
- [Noroo Holdings](https://endata.com/companies/65297.md) (partner)

## Sources

- [edaily.co.kr](https://www.edaily.co.kr/News/Read?mediaCodeNo=257&newsId=02981526632460120), 2022-09-14: "동일 업종(자동차용 도료) 계열회사 간 흡수 합병을 통한 기업 경영 효율성을 향상하고자 한다."

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