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Thursday, June 30, 2022 - Today, Sankyo Rikagaku Co., Ltd (Sankyo Rikagaku) announced that it has completed the acquisition of Zibo Riken MT Coated Abrasives Co., Ltd. (Riken Taishan) and Zibo Sisha MT Coated Abrasives Co., Ltd (collectively, Taishan Group) on June 23, 2022. As previously announced, Sankyo Rikagaku has acquired 53% share of Riken Taishan on April 19, 2022. Via the acquisition of the rest share of Taishan Group, Sankyo Rikagaku has made Taishan Group wholly owned subsidiaries.

Celebrating its 92nd anniversary this year, Sankyo Rikagaku provides abrasive cloth / paper, abrasive films, grinding wheels, and polishing equipment to customers in a wide range of industries including automotive, woodworking, metal, electronic components, DIY etc. Taishan Group has successfully developed a wide product portfolio for woodworking, metalworking, and DIY for customers in China, the United States, India, Southeast Asia, South America, Africa, Europe etc. by leveraging its strength in technology and manufacturing capabilities established over the past 20 years.

Through this acquisition, Sankyo Rikagaku aims to increase manufacturing capacity, expand product portfolio, and further strengthen technical and production expertise backed by its long track record and experience. Going forward, Sankyo Rikagaku aims to become Asia's No. 1 polishing solution provider by continuous global expansion, to further provide leading polishing solutions to customers globally.

Sankyo Rikagaku (Okegawa-shi, Saitama)

Comments from Kyoko FUJIYA, President &CEO

Sankyo Rikagaku is a leading supplier of FUJISTAR® and other brands of abrasive cloth and paper products to customers globally. We will continue to strengthen our manufacturing capacity and sales structure at our bases in Japan and China to further contribute to the growth of our customers' businesses, by providing more value-added products to our customers globally, including Japan and China.

About Sankyo Rikagaku

Sankyo Rikagaku supplies FUJISTAR® brand and other brands of abrasive products to a wide range of customers worldwide in the automotive, metal, woodworking, electronic parts, and DIY industries under the vision of "Developing the world through polishing".

Company Overview

Company name:

Sankyo Rikagaku Co., Ltd.

Office address:

2-2-18, Izumi, Okegawa-shi, Saitama 363-0021 Japan

President:

Kyoko FUJIYA

Business Area:

Production and sales of coated abrasives (cloth/paper/film/non-wovenfabric), bonded abrasives, blast equipment and media

Sankyo Rikagaku Corporate website

https://www.sankyorikagaku.co.jp/

Sankyo Rikagaku Product website

https://fujistar.com/

Riken Taishan Corporate website

http://www.rikenmt.cn/

Media Contact

Public Relations
Sankyo Rikagaku Co., Ltd.
+81-48-615-0165
[email protected]