Press Release


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Sojitz to Acquire Major Chemical Distributor and Marketing Company in Germany

Following negotiation with Special Situations Venture Partners 2 (SSVP 2) fund which is exclusively advised by Orlando Management AG (Munich), a leading private equity investment advisor, Sojitz Corporation (“Sojitz”) has signed definitive agreements to acquire 100% of the shares in solvadis holding S.à r.l. (“solvadis”), one of the leading chemical marketing and distribution companies in Europe. The transaction is subject to regulatory approvals. Through this transaction, Sojitz aims to further bolster its chemical business and sustainable earnings by making solvadis a fully-owned Sojitz subsidiary, thereby acquiring a new business platform in Europe.

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