BDA Partners is pleased to announce that\nits client, Henkel AG & Co KGaA, has sold its Asian electronic cleaning\nchemicals business to Nippon Kayaku Co Ltd, a Japanese specialty chemicals\ncompany. Terms of the transaction were not disclosed. <\/p>\n\n\n\n
Henkel\u2019s Asian electronic cleaning\nchemicals business was part of Henkel\u2019s Adhesives Technologies division. It is\na leading producer of mission-critical cleaning chemicals for LCD panel and\nsemiconductor production. It is an established technology leader with a 20-year\ntrack record for quality and reliability. It is a key supplier to global blue\nchip OEMs, notably in China, Japan and Taiwan.<\/p>\n\n\n\n
BDA was the exclusive financial advisor to\nHenkel on the transaction.<\/p>\n\n\n\n
Yukio Tachibana, Nippon Kayaku\u2019s Head of\nFunctional Chemicals, said: \u201cThis acquisition will bring significant benefit to\nNippon Kayaku and fits perfectly into our electronics materials business line.\nWe are looking forward to new opportunities through existing product line\nsynergies, along with new product developments, using channels from both Nippon\nKayaku and Henkel as part of our strategic plan to become an advanced\nsemiconductor materials supplier.\u201d <\/p>\n\n\n\n
Mark Webster, BDA Managing Director,\nnoted: \u201cThis transaction marks BDA\u2019s fourth successful sale process for Henkel\nin the last decade. It shows again the trust that world-leading corporates\nplace in BDA to deliver robust, value-maximizing divestitures for Asian assets,\neven in tumultuous markets. We have a particularly strong track record in the\nchemical and tech sectors.\u201d<\/p>\n","protected":false},"featured_media":9177,"template":"","class_list":["post-9176","transaction","type-transaction","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\n