Loading…
Kaneka Americas Holding Inc., a subsidiary of Japan's Kaneka Corporation, completed the acquisition of Applied Poleramic Inc., a California-based advanced resin supplier for aerospace, for approximately $15 million. The deal received CFIUS clearance.
Kaneka Corporation, through its subsidiary Kaneka Americas Holding, agreed to acquire all shares of Applied Poleramic Inc. (API) for approximately USD 15 million. API is a formulated advanced resin supplier for aerospace composites, and the acquisition marks Kaneka's full-scale entry into the aerospace business.