2023
July 4, 2023
Notice of Completion of Acquisition of Shares in European Companies Manufacturing and Selling Water Treatment Facilities to Make Them Consolidated Subsidiaries
As announced in "Acquisition of European Companies Manufacturing and Selling Water Treatment Facilities" on May 3, 2023, Kurita Water Industries Ltd. (Head Office: Nakano-ku, Tokyo; President: Hirohiko Ejiri; hereinafter "Kurita") announces that it has completed procedures for acquiring all issued shares in European companies manufacturing and selling water treatment facilities, namely, Arcade Engineering GmbH (Head Office: Germany; hereinafter "Arcade Germany"), Arcade Industrie SAS (Head Office: France; hereinafter "Arcade France") and Arcade Engineering AG (Head Office: Switzerland; hereinafter "Arcade Switzerland") through Kurita Europe GmbH (Head Office: Germany), a subsidiary of Kurita, on July 3, 2023 (European Central Time)
As a result, Arcades Germany, Arcade France, Arcade Switzerland, and Arcade Engineering (Asia) Pte. Ltd. (Head Office: Singapore), a subsidiary of Arcades Germany and Arcade Switzerland, will become consolidated subsidiaries of Kurita.
To drive its global business expansion further, the Kurita Group will continue to reinforce its business foundation in each region, thus expanding growth opportunities, and strive to increase intimacy with customers by creating and providing unique solutions that help solve social and industrial issues.
(Reference) Press releases in the past:
Acquisition of European Companies Manufacturing and Selling Water Treatment Facilities