Nomura Micro Science Co., Ltd. entered into an equity transfer agreement to acquire Swing Shanghai Engineering Co., Ltd. from Swing Corporation on December 14, 2022. The board of directors of Nomura Micro Science Co., Ltd. approved the transaction. Swing Shanghai Engineering recorded Net assets of CNY 38 million, Total assets of CNY 72 million, Sales of CNY 99 million, Operating income of CNY 4 million and net income of CNY 3 million for the year ended December 31, 2021. The transaction is expected to close by January 20, 2023.
Nomura Micro Science Co., Ltd. (TSE:6254) completed the acquisition of Swing Shanghai Engineering Co., Ltd. from Swing Corporation on January 20, 2023.
Nomura Micro Science Co., Ltd. is a Japan-based company mainly engaged in water treatment equipment business. The Company operates through three geographic segments including Japan, Asia and America. The Company is engaged in the design, installation, sale and maintenance of ultra pure water production systems, as well as the sale of consumable supplies. The Company is also engaged in the sale of high-purity chemicals and piping materials to domestic and overseas users. High-purity chemicals are used to contribute to the stable operation of various devices that make up the ultrapure water production system. The piping material is mainly suitable for chemical transfer for the semiconductor industry.