Acquisitions in Taiwan

Shin Kong Life Insurance and Taishin Life Insurance, both subsidiaries of TS Financial Holdings Co., Ltd. (TS Holdings), completed their merger effective January 1, 2026. Taishin Life Insurance was the surviving entity and was renamed Shin Kong Life Insurance, preserving the Shin Kong Life brand and creating one of Taiwan’s largest life insurers by assets.

Pac-Dent, a dental supply manufacturer known for its Rodin dental 3D printing resins, has acquired Taiwan-based 3D printing supplier Ackuretta Technologies. Pac-Dent said the deal strengthens its open, interoperable digital dentistry ecosystem by adding Ackuretta’s printer platform and ALPHA AI CAM software, and expands global service and support for dental clinicians and labs.

Hong Tong Technology Co. announced it acquired (in September 2024) Initio’s entire encryption storage product line, including USB bridge controller ICs with embedded crypto-engines, related firmware, ASICs, technical support, and associated intellectual property. The deal is positioned to keep Initio’s encryption-chip IP and manufacturing operations in Taiwan, managed from Hong Tong’s headquarters in Taipei. Hong Tong plans to integrate the encryption technology into its personal digital management solutions and expand encryption applications.

Capcom Co., Ltd. acquired two-thirds of the total issued shares of Minimum Studios Co., Ltd., making the Taiwan-based 3DCG production company a subsidiary. Minimum Studios provides animation production services for consumer home video game development and has previously worked on major Capcom titles; Capcom cited strengthening development and technology capabilities as the rationale. Capcom said the impact on consolidated results for the current fiscal year will be negligible.

Gradiant, a global cleantech water and wastewater treatment solutions provider, acquired Taiwan-based WaterPark Environment Corp., a water technology design and construction firm focused on semiconductor and microelectronics advanced manufacturing. The deal expands Gradiant’s industrial water capabilities (including high-rate biological wastewater, advanced oxidation, and ultrapure water) and strengthens its reach with leading advanced manufacturers served by WaterPark, particularly in Taiwan and broader Asia Pacific.

Cornell Capital LLC announced an investment in Lorom Holding Co., Ltd., a manufacturing solutions provider specializing in cable manufacturing and assembly. Financial terms were not disclosed, and Lorom will continue to be led by CEO Thomas Yuan and the existing management team.

TA Associates completed a strategic growth investment in Gong cha Group, a global franchised bubble and milk tea brand founded in Kaohsiung, Taiwan. Partners Group supported the transaction by providing debt and equity on behalf of its clients, and Gong cha management and the founders of Gong cha Korea (and, at closing, the founders of Gong cha Korea and Japan) also invested alongside TA. Financial terms were not disclosed.