CTIC Capital Japan will acquire 100% of Polymatech Co., a manufacturer of polymer parts for electronics industry, as sponsor under the civil rehabilitation process. With the investment from its 2nd fund, CITIC Capital Japan will send a few directors to Polymatech and leverage CITIC Group's network to assist the company to restore growth. Polymatech has production facilities in Japan (Fukushima), China, Malaysia and Indonesia and has a strong market position in mobile, car and home segment applications.
For details, please see:
http://www.citiccapital.com/admin/data/PageContentPage/ContentPage/20121108161526/BOD%20of%20Polymatech%20Nov%209%202012.pdf
November 27, 2012
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