Notice Regarding Complete Subsidiarization of a German Company micro resist technology GmbH
TOKYO OHKA KOGYO CO., LTD. (Headquarters: Kawasaki, Japan/ President: Noriaki Taneichi, hereinafter the “Company”) announced that it determined to acquire all shares of micro resist technology GmbH (Headquarters: Berlin, Germany/CEO: Gabi Grützner, hereinafter “MRT”) to make MRT its wholly owned subsidiary, and concluded a share transfer agreement.
(Left) Gabi Grützner, CEO of micro resist technology GmbH
(Right) Noriaki Taneichi, President of TOKYO OHKA KOGYO CO., LTD.
- Reason for acquisition
MRT, headquartered in Berlin, Germany, engages in development, production and sale of photoresists and other chemical materials for optical components, sensors, micro-optics, AR/VR, biosensors, and microfluidic devices and has the advantages of strong technological capabilities as a research and development-driven company and solid relationships with research institutions worldwide. As part of the seven key strategies set out in “tok Medium-Term Plan 2027” launched in 2025 toward the realization of TOK Vision 2030, the Company aims to expand solutions it offers to customers in the European market and develop new customer segments to pursue future business expansion. After thoroughly evaluating MRT’s strengths, location, and business synergies, the Company will create new corporate value through the fusion of both companies and further strengthen its customer-oriented strategy to expand the semiconductor market in Europe with the aim of becoming a company that is truly trusted by stakeholders.
Comment by Noriaki Taneichi, President of TOKYO OHKA KOGYO CO., LTD.
“We are very pleased to welcome MRT to the TOK group. We are confident that we will be able to contribute to a sustainable future through chemistry better than ever before with a combination of MRT’s innovative technologies in electronic and optical materials and our technologies we have cultivated since our founding.”
Comment by Gabi Grützner, CEO of micro resist technology GmbH
“It is with a view to the future of the company that I founded 32 years ago that I am handing it over to a strong strategic partner in the photoresist business. micro resist technology GmbH has been intensively involved in the research and sale of innovative photoresists and photopolymers for three decades and we have now found a strategic partner in this innovative resist business field that has been pursuing the same corporate philosophy for many decades as the world's leading materials supplier to the global semiconductor industry. We are thus combining our innovative strength with the necessary large-scale industrial experience of our partner in order to market European photoresist innovations worldwide.”
- Overview of MRT
Company name |
micro resist technology Gesellschaft für chemische Materialien spezieller Photoresistsysteme mbH |
Address |
Köpenicker Str. 325, 12555 Berlin GERMANY |
Representative |
Gabi Grützner, CEO |
Business description |
Development, production and sale of innovative photoresists, nanoimprint materials, and hybrid polymers |
Date of conclusion of the agreement |
February 24, 2025 |
Date of acquisition of shares |
February 28, 2025 (scheduled) |
Website |
- Future outlook
The Company expects the impact of the transaction on its consolidated financial results for the fiscal year ending December 31, 2025 to be insignificant but will announce promptly if any matter that should be disclosed arises.