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[ 2012/05/22 | Kuraray Co., Ltd. | Chemicals | Tokyo | TSE1 ]

Kuraray Announces the Acquisition of MonoSol


The Company's Official Page
http://www.businesswire.com/news/jpubb/20120521006686/en
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TOKYO--(BUSINESS WIRE)--Kuraray Co., Ltd. (TOKYO:3405) (ISIN:JP3269600007) (Headquarters: Chiyoda-ku, Tokyo; President: Fumio Ito) has agreed to acquire MonoSol, LLC. ("MonoSol"), a U.S. based manufacturer of polyvinyl alcohol ("poval") film, in support of Kuraray's strategy to expand its "Vinyl Acetate Chemical Chains Business" which is one of the core businesses of Kuraray, and has reached an agreement with MonoSol Holdco, LLC, the parent company of MonoSol, regarding this transaction. MonoSol･･･


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