Fujifilm acquires Wako | Chemical & Engineering News
Volume 95 Issue 16 | p. 12 | Concentrates
Issue Date: April 17, 2017

Fujifilm acquires Wako

Department: Business
Keywords: mergers & acquisitions, Fujifilm, Wako, fine chemicals

Japan’s Fujifilm has acquired Wako Pure Chemical Industries for $1.3 billion and is now creating a fine chemicals division to house its chemical operations. Wako, previously majority-owned by Takeda Pharmaceutical and Nihon Pharmaceutical, supplies about 200,000 lab chemicals and produces diagnostic reagents and fine chemicals used in the life sciences and electronics industries. Fujifilm says the acquisition of Wako will boost its presence in the fine chemicals and life sciences sectors, where by itself or through subsidiaries, it already provides electronic materials, cells used in regenerative medicine (see page 23), and contract manufacturing services. Fujifilm notes that it has long experience in the fine chemicals sector thanks to its roots as a producer of photographic film.

 
Chemical & Engineering News
ISSN 0009-2347
Copyright © American Chemical Society

Leave A Comment

*Required to comment