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On June 29, Walter Co.
, Ltd.
announced that the company intends to acquire a 51% stake in Shanghai Huaerka Fluoroplastic Products Co.
, Ltd.
(hereinafter referred to as Shanghai Huaerka)
.
According to the announcement, Walter Co.
, Ltd.
acquired 51% equity of Shanghai Valka held by Valka Co.
, Ltd.
with its own funds of 68 million yuan and signed the Equity Transfer Agreement
.
After the completion of this transaction, Shanghai Valka will become a holding subsidiary of the company
.
It is understood that Shanghai Valka is the world's only self-owned manufacturing base of Valka Corporation in the field of fluororesin materials
.
At present, the material products produced by the company are widely used in semiconductor, automobile, electric power, electronics, liquid crystal, machinery and other industries, and have been recognized and used by well-known semiconductor and UHV industry customers in Japan, Europe and other countries and regions
.
.
At present, the material products produced by the company are widely used in semiconductor, automobile, electric power, electronics, liquid crystal, machinery and other industries, and have been recognized and used by well-known semiconductor and UHV industry customers in Japan, Europe and other countries and regions
.
As a leading enterprise in the field of new materials in China, Water Co.
, Ltd.
has been deeply engaged in the research and development, manufacturing, sales and technical services of high-performance functional polymer material synthesis, modification and finished products for many years
.
This acquisition means that Water has a strong layout in the field of fluorine-containing polymer materials, and the company's industrial map will be further expanded and improved
.
The market advantages accumulated by Shanghai Valka will be organically integrated and collided with the company, releasing greater production capacity potential, and further highlighting the advantages of the whole industry chain from raw materials to terminals
.
, Ltd.
has been deeply engaged in the research and development, manufacturing, sales and technical services of high-performance functional polymer material synthesis, modification and finished products for many years
.
This acquisition means that Water has a strong layout in the field of fluorine-containing polymer materials, and the company's industrial map will be further expanded and improved
.
The market advantages accumulated by Shanghai Valka will be organically integrated and collided with the company, releasing greater production capacity potential, and further highlighting the advantages of the whole industry chain from raw materials to terminals
.
