On June 23, 2022, Sankyo Rikagaku Co., Ltd. (hereinafter referred to as "Sankyo Rikagaku") completed the acquisition of 100% of the shares of Zibo Riken MT Coated Abrasives Co.,Ltd (hereinafter referred to as "Riken MT") and Zibo Sisha MT Coated Abrasives Co., Ltd (hereinafter referred to as "Sisha MT"). The name of Riken MT was officially changed to Zibo Sankyo Rikagaku Co. Ltd (Sisha MT will keep the original name). Effective from this date, Zibo Sankyo Rikagaku Co., Ltd (hereinafter referred to as "Zibo Sankyo") and Sisha MT have become wholly owned subsidiaries of Sankyo Rikagaku Co., Ltd
Since Sankyo Rikagaku was founded in 1930, cherishing resources and constantly reducing our impact on the environment have been important concepts rooted in the development process. As a professional abrasives supplier, we have been making continuous efforts to adopt environmentally friendly and renewable resources in the production of our products, complying with environmental regulations and focusing on environmental protection, and working with our global customers to continuously improve the sanding environment, increase sanding efficiency, and improve sanding quality through product innovation activities, continuing to provide customers with high-quality products that respond to changes in technology and demand, and various innovative sanding solutions that create new value. At present FUJISTAR has become a world-famous brand.
Through this acquisition, Sankyo Rikagaku has production or sales bases in Japan (Okegawa-shi, Saitama), China (Zibo and Changzhou), the United States, Singapore, India, Hong Kong, and Vietnam, and will integrate the production capacity, technology, sanding information, and sales and service channels of each subsidiary to achieve synergy and further strengthen the overall competitiveness of the group, and strive to achieve the goal of "becoming the No. 1 sanding system and solution provider in Asia”.
“The future shines by polishing”. Through high-quality products and service, the Sankyo Rikagaku Group has built strong relationships of trust and mutual benefit with customers around the world, which are the cornerstones of our development and the source of our motivation. With this acquisition, the Sankyo Rikagaku Group has the confidence and resources to achieve a higher level of "sanding" and provide more competitive products and services to our customers.
We look forward to working with partners from all over the world for win-win cooperation and a bright future.