Nicca Chemical Co.,Ltd. acquired an additional 61% stake in Emori Engineering Co., Ltd. from Emori Group Holdings Co., Ltd.
June 08, 2015
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Nicca Chemical Co.,Ltd. (NSE:4463) entered into contract to acquire an additional 61% stake in Emori Engineering Co., Ltd. from Emori Group Holdings Co., Ltd. on May 29, 2015. Nicca Chemical Co.,Ltd. will acquire 610 shares and increase its stake to 860 shares. On completion, Nicca Chemical Co.,Ltd. will own 86% stake in Emori Engineering Co., Ltd.
Nicca Chemical Co.,Ltd. (NSE:4463) completed the acquisition of an additional 61% stake in Emori Engineering Co., Ltd. from Emori Group Holdings Co., Ltd. on June 9, 2015.
NICCA CHEMICAL CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of surfactants. The Company operates in two business segments. The Chemicals segment is engaged in the manufacture and sale of chemicals for textile processing, chemicals for information recording paper, resin raw materials, commercial cleaning chemicals, chemicals for medical and nursing care facilities, and other functional chemicals. The Cosmetics segment is engaged in the manufacture and sale of hair care agent, hair color agent, perm agent, scalp care agent and styling agent. The other business is engaged in the contracted construction of facility works.