# Sinto acquires French surface treatment company Elastikos S.A.S.

Sinto (Shinto Kogyo) announced on 14 August 2023 that it will acquire all shares of French surface treatment products and services company Elastikos S.A.S., making it a subsidiary. Elastikos had net assets of €138 million and sales of €369 million in FY2022.

- Type: Acquisition
- Announced: 2023-08-14
- Where: France
- Status: announced
- Products: surface treatment products, surface treatment services
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Sinto Corporation](https://endata.com/companies/46128.md) (acquirer)
- [Elastikos S.A.S.](https://endata.com/companies/72035.md) (target)

## Sources

- [altvega.com](https://altvega.com/sinto-ma-20230814/), 2023-08-14: "新東工業が表面処理関連製品提供の仏Elastikos S.A.S.の株式取得（子会社化）を発表"

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