M&A Deal Summary

Kuraray Acquires Nelumbo

On April 2, 2025, Kuraray acquired information technology company Nelumbo from Danfoss

Acquisition Highlights
  • This is Kuraray’s 1st transaction in the Information Technology sector.
  • This is Kuraray’s 4th transaction in the United States.
  • This is Kuraray’s 1st transaction in California.

M&A Deal Summary

Date 2025-04-02
Target Nelumbo
Sector Information Technology
Buyer(s) Kuraray
Sellers(s) Danfoss
Deal Type Add-on Acquisition

Target

Nelumbo

Hayward, California, United States
Nelumbo provides radical, lasting technological improvement to the heating and cooling industry through an introduction to the latest developments in advanced materials. Nelumbo was founded in 2015 and is based in Hayward, California.

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Buyer(S) 1

Buyer

Kuraray

Tokyo, Japan

Category Company
Founded 1926
Sector Chemicals
Employees11,941
Revenue 826.9B JPY (2024)
DESCRIPTION

Kuraray engages in the production and sale of resins, chemicals, fibers, activated carbon, and high-performance membranes and systems worldwide. Kuraray was founded in 1926 and is based in Tokyo, Japan.


DEAL STATS #
Overall 5 of 5
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 4
State: California M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-21 Calgon Carbon

Pittsburgh, Pennsylvania, United States

Calgon Carbon Corp. is a provider in the activated carbon industry through unmatched innovations in the purification, separation and concentration of liquids, gases and other media. As the activated carbon industry forerunner and with ultraviolet light disinfection and oxidation expertise, Calgon Carbon has originated cutting-edge purification systems for drinking water, wastewater, odor control, pollution abatement, and a variety of industrial and commercial manufacturing processes.

Buy $1.1B

Seller(S) 1

SELLER

Danfoss

Nordborg, Denmark

Category Company
Founded 1933
Sector Machinery
Employees28,000
DESCRIPTION

Danfoss is a supplier of technologies and components that meet the growing need for food supply, energy efficiency, climate-friendly solutions and modern infrastructure. The Company’s wide range of products and services are used in areas such as cooling food, air conditioning, heating buildings, controlling electric motors and powering mobile machinery.


DEAL STATS #
Overall 3 of 3
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-10 Bock

Frickenhausen, Germany

Bock is a manufacturer of technologically sophisticated piston compressors for cooling and refrigeration technology. The market segments addressed are primarily cooling and refrigeration technology for mobile applications in the bus, rail, and transport (reefer, trucks & trailers). The areas of retail (supermarkets) and food processing as the most important stationary applications complete the Bock Group's product range. International customers are supported in over 10 sales locations worldwide. Bock was founded in 1932 and is based in Frickenhausen, Germany.

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