Kuraray Co., Ltd. Acquires Nelumbo Inc.

April 2, 2025

Kuraray Co., Ltd. has acquired Nelumbo Inc., a Hayward, California-based developer of surface modification technologies, to add a new technology platform and accelerate global expansion. The deal—executed through Kuraray's U.S. subsidiary Kuraray Holdings U.S.A., Inc.—was announced April 2, 2025; the purchase price was not disclosed and Houlihan Lokey served as Nelumbo's exclusive financial advisor.

Buyers
Kuraray Co., Ltd., Kuraray Holdings U.S.A., Inc.
Targets
Nelumbo Inc.
Industry
Manufacturing
Location
California, United States
Transaction Type
Buyout

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