Akron Polymer Systems

Activity by year

2017201820192020202120222023202420252026

AcquisitionPartnership

Dec 11, 2017PARTNERSHIPShenzhen, Nanshan District, China$18.9M
Xinlun Technology and Akron Polymer Systems form joint venture in Shenzhen
Xinlun Technology and Akron Polymer Systems will establish a joint venture, Julun Materials Technology (Shenzhen) Co., Ltd., with Xinlun investing 35 million yuan (70% stake) and Akron contributing proprietary technology valued at 15 million yuan (30% stake). Total planned investment is about 125 million yuan.
Xinlun Technology partner Akron Polymer Systems partner #Specialty Chemicals chnfund.com
Dec 11, 2017ACQUISITIONUnited States$9.90M
Xinlun Technology to acquire 45% stake in Akron Polymer Systems for $9.9M
Xinlun Technology's Hong Kong subsidiary will acquire 45% of Akron Polymer Systems for $9.9 million, becoming the largest shareholder. The deal includes a joint venture to form a polymer materials technology incubation platform in Shenzhen.
Xinlun Technology acquirer Akron Polymer Systems target #Specialty Chemicals chnfund.com

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