Source disclosure: February 16, 2026
HARIMA CHEMICALS GROUP,INC. [4410.T]
TOKYO, Feb 16 (Pulse News Wire) – Harima Chemicals Group,inc. (4410.T) announced that its wholly-owned subsidiary Lawter Europe BV plans to sell all shares of Swedish firm SunPine AB to fellow shareholder VaroPreem AB.
The sale price remains undisclosed. Harima Chemicals initiated negotiations after receiving an acquisition offer from external investors. Preem AB, which holds preemptive rights, expressed interest in purchasing the shares under similar conditions. Established in 2006, SunPine AB specializes in biodiesel tall fatty acids and rosin production and sales, with capital of ¥6.6 million Swedish krona and net assets of ¥732 million Swedish krona as of December 2024.
The divestiture aims to monetize strategically held trading partner equity and allocate funds towards growth sectors. Harima expects no significant impact on its resin supply stability due to existing long-term contracts with SunPine AB. The transaction's effect on fiscal 2025 performance is negligible; however, its influence on 2026 results is still being assessed. Further developments will be disclosed promptly if necessary.
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