Sinomax USA Acquires U.S. Brand's Intellectual Property for $4.6 Million

Reuters

2025/07/08

Sinomax USA Acquires U.S. Brand's Intellectual Property for $4.6 Million

Sinomax USA, a wholly-owned subsidiary of Sinomax Group Limited, is set to acquire intellectual property from Kimberly, a company based in Delaware, U.S., specializing in brand licensing. The acquisition, valued at approximately US$4,600,000, is expected to be finalized by electronic means on November 25, 2025, pending the fulfillment of all necessary conditions. This strategic move is part of Sinomax's commitment to enhancing its portfolio in the health and household products sector, which includes high-quality visco-elastic pillows and mattresses.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sinomax Group Ltd. published the original content used to generate this news brief on July 08, 2025, and is solely responsible for the information contained therein.

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The acquisition, valued at approximately US$4,600,000, is expected to be finalized by electronic means on November 25, 2025, pending the fulfillment of all necessary conditions. This strategic move is part of Sinomax's commitment to enhancing its portfolio in the health and household products sector, which includes high-quality visco-elastic pillows and mattresses.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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The acquisition, valued at approximately US$4,600,000, is expected to be finalized by electronic means on November 25, 2025, pending the fulfillment of all necessary conditions. This strategic move is part of Sinomax's commitment to enhancing its portfolio in the health and household products sector, which includes high-quality visco-elastic pillows and mattresses.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/SOMXF\">Sinomax Group Ltd.</a> published the original content used to generate this news brief on July 08, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1115","symbol_name":"家庭装饰品","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250708:nNDL2nm7zG:1","article_id":"2549546642","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2549546642","pubTimestamp":1751971495,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Sinomax USA, a wholly-owned subsidiary of Sinomax Group Limited, is set to acquire intellectual property from Kimberly, a company based in Delaware, U.S., specializing in brand licensing. 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This strategic move is part of Sinomax's commitment to enhancing its portfolio in the health and household products sector, which includes high-quality visco-elastic pillows and mattresses.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sinomax Group Ltd. published the original content used to generate this news brief on July 08, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}