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Showa Denko to consolidate German subsidiaries

| By Mary Bailey

Showa Denko K.K. (SDK; Tokyo) has announced that its consolidated subsidiary Showa Denko Carbon Holding GmbH (SDCH) will merge with its consolidated subsidiary Showa Denko Europe GmbH (SDE), and that the surviving company SDCH will change its company name into Showa Denko Europe GmbH (new SDE) effective as of January 1, 2021.

SDE provides business support services such as import/export management, chemical substance management, and marketing function to subsidiaries of SDK in Europe. SDCH operates its Graphite Electrode business subsidiaries as a management company in Europe.

SDK decided to merge these two companies for the purpose of expanding its business operation in Europe further by fusing SDCH’s business management function and SDE’s business support function into one.

SDCH, the surviving company of the merger, will change its company name and scope of business as following at the same date of the effective date of merger. Although the head office will be located in Wiesbaden, the office in Munich will be retained as a sales office of SDE.