SDK Completes Acquisition of ILAG Group, Global Non-stick Coatings Manufacturer
Showa Denko K.K.
July 2, 2019
Showa Denko K.K. (SDK) announces that, on July 1, 2019, it completed acquisition of all shares in ILAG Industrielack AG, which leads the ILAG Group, a specialty non-stick coating chemicals manufacturing and sales company headquartered in Wangen, Switzerland. As a result, the ILAG Group has become a consolidated subsidiary of SDK.
[Outline of ILAG Industrielack AG]
- 1)Company name:
- ILAG Industrielack AG
- 2)Scope of business:
- Manufacturing and sale of nonstick-coating chemicals applicable both to consumer goods and industrial goods
- December 1955
- 4)Head office:
- Wangen, Switzerland
- Hans-Georg Geisel, CEO
- 6)Production bases:
- Wangen, Switzerland; Shanghai, China
Public Relations Office (Phone: 81-3-5470-3235)