What company was acquired by Nisshin Kagaku Co., Ltd. in November 2023?

Bodibasixs Manufacturing Sdn. Bhd. (BSX), a Malaysian OEM manufacturer of skincare products, was acquired.

What was the primary reason for Nisshin Kagaku Co., Ltd. to pursue this cross-border M&A?

The company wanted to overcome the domestic market limits caused by Japan's declining population.

Nihon M&A Center Inc., a consolidated subsidiary of Nihon M&A Center Holdings Inc., supported the deal.

The acquisition of Bodibasixs Manufacturing Sdn. Bhd. was executed in November 2023.

Nisshin Kagaku collaborated with experts and centered negotiations on net asset value at market price.

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Nisshin Chemical acquired Malaysia's BSX in its first overseas M&A deal.

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Q: What company was acquired by Nisshin Kagaku Co., Ltd. in November 2023?: A: Bodibasixs Manufacturing Sdn. Bhd. (BSX), a Malaysian OEM manufacturer of skincare products, was acquired.
Q: What was the primary reason for Nisshin Kagaku Co., Ltd. to pursue this cross-border M&A?: A: The company wanted to overcome the domestic market limits caused by Japan's declining population.
Q: Who served as the intermediary that supported the cross-border M&A transaction?: A: Nihon M&A Center Inc., a consolidated subsidiary of Nihon M&A Center Holdings Inc., supported the deal.
Q: In which year and month was the acquisition of the Malaysian firm executed?: A: The acquisition of Bodibasixs Manufacturing Sdn. Bhd. was executed in November 2023.
Q: How did Nisshin Kagaku determine the valuation during the negotiations?: A: Nisshin Kagaku collaborated with experts and centered negotiations on net asset value at market price.