Acquiring Company
Sumitomo Chemical Company
Acquired Company
Koei Chemical
Description
Sumitomo Chemical has successfully completed its share exchange with Koei Chemical. The deal led to a transfer of ¥2.4 billion in reserves. This transaction took effect on August 1 and will not affect the company's earnings. It indicates Sumitomo Chemical's strategic focus on capital management.
Quick answer
Sumitomo Chemical Company is acquiring Koei Chemical, announced August 4, 2026. Sumitomo Chemical Company is based in Kobe, Hyogo Prefecture, Japan.
- How much did Sumitomo Chemical Company pay for Koei Chemical?
- The deal value was not disclosed.
- What does Sumitomo Chemical Company do?
- Sumitomo Chemical Company is a diversified chemical company offering products in the fields of petrochemicals, energy and functional materials, health and crop science, etc.
- Where are Sumitomo Chemical Company and Koei Chemical based?
- Sumitomo Chemical Company is based in Kobe, Hyogo Prefecture, Japan. Koei Chemical is based in North Brabant, Netherlands.
Source: Fundz verified event record.
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Frequently asked
Who acquired Koei Chemical?
Koei Chemical was acquired by Sumitomo Chemical Company, based in Kobe. The deal was reported on August 4, 2026. Sumitomo Chemical Company is a diversified chemical company offering products in the fields of petrochemicals, energy and functional materials, health and crop science, etc. Sumitomo Chemical Company is privately held and operates in Manufacturing.
When did Sumitomo Chemical Company acquire Koei Chemical?
Sumitomo Chemical Company's acquisition of Koei Chemical was reported on August 4, 2026. Sumitomo Chemical has successfully completed its share exchange with Koei Chemical. The deal led to a transfer of ¥2.4 billion in reserves. This transaction took effect on August 1 and will not affect the company's earnings. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Koei Chemical do?
Koei Chemical is involved in the chemical industry but specific details about the company are limited. They likely focus on specialized chemical production. Their merger with Sumitomo Chemical reflects strategic movements in the chemical market. It is privately held, operating in Manufacturing, and is based in North Brabant.
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