Sector News

Kyocera announces two acquisitions in Europe

February 4, 2019
Chemical Value Chain

Kyocera Corp. (KYO), a Japanese manufacturer of medical products, announced Monday that its units have made two acquisitions in Europe.

Kyocera Senco Industrial Tools, Inc., a U.S. pneumatic and cordless power tool manufacturing and sales company based in Cincinnati, Ohio, has concluded an agreement to acquire Van Aerden Group BV, a European pneumatic tool manufacturing and sales company.

In addition to manufacturing pneumatic tools and related products, Van Aerden Group sells power tools under multiple brands, including Senco, as a distributor.

Effective March 1, 2019, Van Aerden will be renamed Kyocera Aerfast Europe BV. With the manufacturing and sales assets brought by this acquisition, Kyocera aims to strengthen its pneumatic tool business in Europe.

Separately, the company said its Germany-based European headquarters, Kyocera Fineceramics GmbH has concluded an agreement with H.C. Starck GmbH to acquire its subsidiary H.C. Starck Ceramics GmbH, a European advanced ceramics manufacturing and sales company based in Selb, Germany.

H.C. Starck Ceramics will join Kyocera Group and begin operations in spring 2019, subject to regulatory approval.

Source: RTT News

comments closed

Related News

October 2, 2022

Trinseo announces potential closure of Boehlen, Germany Styrene Plant

Chemical Value Chain

Trinseo (NYSE: TSE), a specialty material solutions provider, announced it has initiated an information and consultation process with the Works Council of Trinseo Deutschland GmbH regarding the potential closure of its styrene monomer production site in Boehlen, Germany.

October 2, 2022

Celeste Mastin appointed H.B. Fuller President and CEO, succeeding Jim Owens upon his retirement

Chemical Value Chain

H.B. Fuller Company announced that Celeste Mastin, Executive Vice President and Chief Operating Officer, will succeed Jim Owens as H.B. Fuller’s President and Chief Executive Officer, effective December 4, 2022. Upon assuming the role, Mastin will also join the Company’s Board of Directors, replacing Owens, who will be retiring.

October 2, 2022

LyondellBasell realigns executive team, forms circular and low-carbon solutions business

Chemical Value Chain

New LyondellBasell CEO Peter Vanacker, who joined the company from Neste in May, today named his senior executive team and outlined organizational changes, including creation of a circular and low-carbon solutions business. All changes will be effective 1 October.