Global New Material International Holdings Completes Acquisition of Worldwide Surface Solution Business

Reuters

07/31

Global New Material International Holdings Completes Acquisition of Worldwide Surface Solution Business

Global New Material International Holdings Ltd. has announced the completion of its acquisition of the Worldwide Surface Solution Business. The closing of the transaction occurred on 31 July 2025, as confirmed by the company's Board of Directors. The acquisition aims to strengthen the Group's supply chain, reduce production costs, and enhance operational efficiency. The addition of production facilities in Gernsheim, Germany; Onahama, Japan; and Savannah, Georgia, United States, will serve as regional hubs for the expanded business. The transaction also enhances the Group's technological research and development capabilities and contributes to improved environmental, social, and governance standards. The announcement was made under the leadership of Chairman and CEO Su Ertian.

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. Global New Material International Holdings Ltd. published the original content used to generate this news brief on July 31, 2025, and is solely responsible for the information contained therein.

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