Asahi Kasei Accelerates Portfolio Transformation with Divestiture of Daramic Lead Battery Separator Business
ASAHI KAISEI CRP UNSP/ADR (AHKSY)
NASDAQ:AMEX Investor Relations:
asahi-kasei.co.jp/asahi/en/ir
Company Research
Source: Business Wire
TOKYO--(BUSINESS WIRE)--Asahi Kasei, a diversified global manufacturer in the Healthcare, Homes, and Material sectors, announces its strategic divestiture of Daramic, a lead battery separator business, to Kingswood Capital Management, LP. The Daramic business transfer closed on December 1, 2025. The effect on Asahi Kasei’s consolidated financial results for fiscal 2025 is immaterial.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251202041449/en/Progress of Asahi Kasei's business portfolio transformation.“As we enter a new era for our company, it is critical that we align our resources with areas that will drive future growth,” said Hideyuki Yamagishi, Primary Executive Officer of Asahi Kasei Corporation and President of the Material Sector. “This divestiture represents a strategic step that allows Asahi Kasei to evolve its capabilities with high-potential initiatives, such as strengthening our electronics business and e
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