Toyo Ink SC Holdings Co., Ltd. announced that Toyo Ink America, LLC, the Group’s consolidated subsidiary, has decided to absorb another consolidated subsidiary, Toyo Ink Mfg. America, LLC. The merger was effective Jan. 1, 2013.
The merging of the two companies, the Group’s consolidated subsidiaries, will reinforce the management base and bolster Toyo Ink Group’s competitiveness in North America through the coordination of the companies’ functions.
Further, by merging these companies that operate in disparate business domains, the move aims to strengthen the ability to make proposals to customers and accelerate Toyo Ink Group’s business expansion in the U.S.
The method is an absorption-type merger, with Toyo Ink America, LLC being the surviving company and Toyo Ink Mfg. America, LLC dissolved.
Toyo Ink America, LLC is located at 1225 N. Michael Drive, Wood Dale, IL 60191. The company manufactures and sells printing inks, adhesives and related products, as well as imports and sells pigments, dispersions and specialty chemical products.
Toyo Ink Announces Merger of Toyo Ink America, Toyo Ink Mfg. America