Asahi Kasei Acquires U.S.-based Device Maker TechniKrom; Seeks ¥18 Billion in Sales
This article was originally published in PharmAsia News
Executive Summary
TOKYO - Asahi Kasei Medical, a unit of Japan's Asahi Kasei, has reached an agreement to fully acquire TechniKrom, a bioprocess equipment manufacturer, in a merger that the company hopes will spark growth between its filtering technology and the U.S. firm's bioprocess equipment systems for biopharmaceutical manufacturing materials, the Japanese parent company announced Feb. 16