• DC Advisory (DC) advised Sumitomo Bakelite Co., Ltd. in its initial transaction with Kawasumi Laboratories, Inc. in 2019
  • DC was retained as the exclusive financial advisor to Sumitomo Bakelite Co., Ltd. due to its highly-valued and continuous support on capital management policy for Kawasumi Laboratories, Inc.
  • Sumitomo Bakelite Co., Ltd. — a pioneer in plastics originating from Japan's first plastic manufacturer — specialises in phenolic resin and plastic products
  • Kawasumi Laboratories, Inc., Japan's first manufacturer of disposable blood collection and transfusion sets made by plastic, specialises in medical devices and pharmaceuticals manufacturing


  • Sumitomo Bakelite Co., Ltd. will make Kawasumi Laboratories, Inc. a wholly-owned subsidiary company through tender offer
  • The transaction is expected to help both Sumitomo Bakelite Co., Ltd. and Kawasumi Laboratories, Inc. strengthen and expand their presence in the medical device market