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Eastman acquires Ai-Red Technology (Dalian) Co., Ltd. · Endata

◂ Announcements

Feb 1, 2023ACQUISITIONDalian, China, China

Eastman acquires Ai-Red Technology (Dalian) Co., Ltd.

Eastman Chemical Company acquired Ai-Red Technology (Dalian) Co., Ltd., a manufacturer and supplier of paint protection and window film for auto and architectural markets in the Asia Pacific region. Terms were not disclosed.

Status

Completed

Productspaint protection filmwindow film

CompaniesEastman Chemical acquirer Ai-Red Technology (Dalian) Co., Ltd. target

Sectors#Specialty Chemicals #Automotive Components

“This acquisition provides additional capacity to serve the growing demand for our paint protection and window film products and creates additional capacity for innovation and product scale-up from our existing operations.”eastman.com

2 sources
eastman.comEastman Acquires Dalian Ai-Red TechnologyFeb 1, 2023
echemi.comMajor M&A Events in the Paint & Coatings Industry in 2023 | ECHEMIDec 27, 2023

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

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