A&A Material Corporation (5391) has decided to acquire all shares of DIC Décor Inc. as of November 6, 2024, thus making it a wholly owned subsidiary. The acquisition contract was signed the same day, and the process is expected to be finalized by April 1, 2025.
Purpose of M&A
Aiming to build a sustainable business foundation, A&A Material has launched "Vision 2033" and is currently implementing its 2026 Medium-Term Management Plan (2024-2026), focusing on expanding profits, establishing new business models, and driving digital transformation (DX) to increase its business scale.
DIC Decor is known for its advanced gravure printing technology and expertise in printing inks, providing products such as decorative panels and films for industries including construction, interior design, and automotive. For A&A Material, acquiring DIC Decor is expected to strengthen its lineup of core products, such as fireproof decorative panels, and expand its customer base, as well as create synergies in research and development.
Through this acquisition, A&A Material aims to accelerate its goals for sustainable growth and corporate social responsibility (CSR). The integration of both companies' technologies and sales channels is anticipated to spur the development of new products and services, enhancing A&A Material’s competitive edge in the market.
Although the acquisition price remains undisclosed due to confidentiality, it was determined based on an investigation by experts. A&A Material will acquire all 960,000 shares of DIC Decor, making it a wholly owned subsidiary.
Schedule
Board Resolution Date: November 6, 2024
Contract Signing Date: November 6, 2024
Share Transfer Completion Date: April 1, 2025 (planned)
Purpose of M&A
Aiming to build a sustainable business foundation, A&A Material has launched "Vision 2033" and is currently implementing its 2026 Medium-Term Management Plan (2024-2026), focusing on expanding profits, establishing new business models, and driving digital transformation (DX) to increase its business scale.
DIC Decor is known for its advanced gravure printing technology and expertise in printing inks, providing products such as decorative panels and films for industries including construction, interior design, and automotive. For A&A Material, acquiring DIC Decor is expected to strengthen its lineup of core products, such as fireproof decorative panels, and expand its customer base, as well as create synergies in research and development.
Through this acquisition, A&A Material aims to accelerate its goals for sustainable growth and corporate social responsibility (CSR). The integration of both companies' technologies and sales channels is anticipated to spur the development of new products and services, enhancing A&A Material’s competitive edge in the market.
Although the acquisition price remains undisclosed due to confidentiality, it was determined based on an investigation by experts. A&A Material will acquire all 960,000 shares of DIC Decor, making it a wholly owned subsidiary.
Schedule
Board Resolution Date: November 6, 2024
Contract Signing Date: November 6, 2024
Share Transfer Completion Date: April 1, 2025 (planned)
