Hodogaya Chemical Co., Ltd. cancelled the acquisition of the remaining 3% stake in Nippon Peroxide Co., Ltd. from Santoku Chemical Industries Co., Ltd.
November 07, 2013 at 04:00 am
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Hodogaya Chemical Co., Ltd. (TSE:4112) agreed to acquire the remaining 3% stake in Nippon Peroxide Co., Ltd. from Santoku Chemical Industries Co., Ltd. on November 7, 2012. For the year ending March 31, 2012, the net assets of Nippon Peroxide were ¥6 billion and total assets of ¥7.19 billion. The transaction was resolved by Board of Directors of Hodogaya Chemicals. The transaction is expected to close by October 1, 2013.
Hodogaya Chemical Co., Ltd. (TSE:4112) cancelled the acquisition of the remaining 3% stake in Nippon Peroxide Co., Ltd. from Santoku Chemical Industries Co., Ltd. on November 7, 2013.
Hodogaya Chemical Co., Ltd. is engaged in the manufacture and sale of organic industrial chemicals. The Functional Pigment segment manufactures and sells charge-controlling agents for toners, organic photo conductor materials, organic electroluminescence (EL) materials and various dyes. The Functional Resin segment offers polytetramethylene-ether-glycol (PTG), urethane- and cement-based construction and civil engineering materials, as well as basic materials for general chemical industry. The Basic Chemical segment provides hydrogen peroxide and others. The Agro-science segment is engaged in the manufacture and sale of agrichemical ingredients and agents. The Others segment is engaged in the transportation and storage of its products, as well as the contracted research and development business.
Hodogaya Chemical Co., Ltd. cancelled the acquisition of the remaining 3% stake in Nippon Peroxide Co., Ltd. from Santoku Chemical Industries Co., Ltd.
HODOGAYA CHEMICAL CO., LTD. 
