AICA Asia Pacific acquires 51% stake in ADB Sealant

AICA Asia Pacific Holding Pte. Ltd. (AAPH) signed an agreement to purchase a 51% stake in ADB Sealant Co., Ltd. (ADBS), a subsidiary of Applied DB Public Company Limited. The acquisition increases ADBS's registered capital to 645.09 million baht.

“ADB or Applied DB Public Company Limited stated that AICA ASIA PACIFIC HOLDING PTE. LTD. (AAPH) signed an agreement to purchase additional shares of ADB Sealant Co.,Ltd (ADBS), a subsidiary that holds 99.99 shares. % by Applied DB Public Company Limited (ADB) in the proportion of 51 percent.”adb.co.th

• 2 sources
• adb.co.thADB wins new multinational partner AAPH, ready to enter the adhesive business in ASEAN - APPLIED DB Public Company LimitedwebmasterSep 24, 2024
• adb.co.thAICA Asia Pacific Acquires 51% Stake in ADB Sealant Co. Ltd.: Industrial Adhesives Leader Expands Influence - APPLIED DB Public Company LimitedSep 24, 2024

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