THAILAND

AAPH invested in ADBS, Expands Global Reach with Sealant Business Acquisition

Published on 23/09/2024

» AICA Asia Pacific Holding Pte. Ltd. (AAPH) has signed a share purchase agreement to acquire a 51% stake in ADB Sealant Co., Ltd. (ADBS), a subsidiary of Applied DB Public Company Limited (ADB). Following this capital increase, ADBS will have a registered capital of 645.09 million baht, enhancing its position as a key player in industrial adhesive and sealant manufacturing for various sectors, including real estate, construction, and electronics.