Kitz Corporation Acquires Horizon Polymer Engineering in India

Reuters
2025.10.21 04:05
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Kitz Corporation's subsidiary, Micro Pneumatics Private Limited, has signed a share purchase agreement to acquire 100% of Horizon Polymer Engineering Private Limited in India. This acquisition aims to enhance Kitz's presence in the fine chemicals market and is set to be completed by January 2026. The deal is not expected to affect the company's financial results for the fiscal year ending December 2025.