consolidation

Denka Set to Fully Consolidate Industrial Rubber Manufacturer CRK

Denka Co. Ltd. (TYO:4061), a manufacturer of products including chloroprene rubber, has recently announced that it will raise its stake in CRK Co. Ltd. from 53 percent to 100 percent. CRK is engaged in the manufacturing, processing and sale of industrial rubber products. The move is intended to strengthen synergies between Denka’s materials development and CRK’s product development, as well...

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Sumitomo Rubber to Consolidate Global Sports Business

Sumitomo Rubber Industries Ltd. (TYO:5110) has announced that effective Jan. 1, 2018, it will consolidate the Sumitomo Rubber Group’s sports business by merging Dunlop Sports Co. Ltd. (TYO:7825), a sports business subsidiary, and Dunlop International Co. Ltd., the Group’s overseas Dunlop-brand sporting goods and licensing company. By consolidating its sports business, Sumitomo Rubber is looking to leverage the company’s management...

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