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

Reuters

Jul 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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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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.Disclaimer: This news brief was created by Public Technologies  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. 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