Schedule a Call Back
Japan’s KITZ Corp buys Horizon Polymer Engineering
Industry News- Oct 28,25
The Gandhinagar based Horizon Polymer Engineering manufactures and sells fluoropolymer-lined products, such as pipes, fittings, valves, tanks and vessels, mainly for the fine chemicals market.
Micro Pneumatics Pvt Ltd, a group company of Japan-based KITZ Corporation, has entered into a share purchase agreement with the Gandhinagar (Gujarat) based Horizon Polymer Engineering Private Limited (HPE) on October 16, 2025, with the aim of expanding its business in the fine chemicals market in India. The transfer of shares is scheduled to take place from January 2026 onward.
HPE manufactures and sells fluoropolymer-lined products, such as pipes, fittings, valves, tanks and vessels, mainly for the fine chemicals market. With multiple manufacturing units and sales locations, HPE has built a customer-focused sales network and a flexible production system capable of responding quickly and accurately to customer needs.
Under KITZ Corporation’s 1st Medium-term Plan 2024 (announced in February 2022), KITZ has positioned the fine chemicals market as one of its key growth markets and has since actively worked to expand its business in this area. The subsequent 2nd Medium-term Plan, “SHIN GLOBAL 2027” (announced in February 2025), identifies India as a key strategic region, with a particular focus on expanding the fine chemicals market. Under this plan, Yen 20 billion of the total Yen 58 billion investment budget over three years has been allocated for M&A activities to accelerate growth through proactive investment. The acquisition of HPE represents a concrete initiative aligned with this strategy and marks a significant step toward strengthening KITZ Corporation’s presence in this high-growth market. Established in 1981, Horizon Polymer Engineering has turnover of about Rs 19.20 million (approximately Yen 32 million).
“Through this acquisition, we aim to further enhance our product lineup in the fine chemicals market and secure a stronger foothold in the Indian market. Furthermore, in collaboration with Micro, which already operates in the same market, we expect to strengthen both our product portfolio and customer base. We will continue to strengthen our competitiveness in the global market and strive for sustainable growth, in pursuit of achieving our medium-term plan and long-term vision,” stated KITZ Corporation in a press release.
In connection with this transaction, Mizuho Securities India Pvt Ltd acted as KITZ Corp’s financial advisor, and Shardul Amarchand Mangaldas & Co provided legal advisory services.
KITZ Corporation
Horizon Polymer Engineering
fluoropolymer-lined products
pipes
fittings
valves
tanks
fine chemicals market
Micro Pneumatics
Japan
Related Stories
Pumps & Valves
Japan’s KITZ Corp buys Horizon Polymer Engineering
The Gandhinagar based Horizon Polymer Engineering manufactures and sells fluoropolymer-lined products, such as pipes, fittings, valves, tanks and vessels, mainly for the fine chemicals market.
Read moreAuto & Auto Components
Maruti Suzuki to Invest $8 Billion in India; PM Modi Hails 'Big Leap'
Prime Minister Narendra Modi inaugurated the green mobility initiatives at Suzuki Motor’s Hansalpur plant in Ahmedabad. He also announced the commencement of Hybrid Battery Electrode manufacturing..
Read moreElectrical & Electronics
Empowering India’s Electronics Revolution with Advanced Glass Powder Solutions
Glass powder from Japan's Nippon Electric Glass (NEG) offers unmatched performance. The company, at Electronica India 2025, will showcase how its innovative glass powder technologies are shaping the..
Read moreRelated Products
Cast Iron Plug Valve
PUMPS & VALVES
Unitek Valves engages as a trader, wholesaler and
supplier of cast iron plug valves.
Pf Series Fixed Pump
PUMPS & VALVES
HTM Hydraulics Pvt Ltd offers a wide range of PF Series
fixed pump.
PF Series Water Bases Fluid Pump
PUMPS & VALVES
HTM Hydraulics Pvt Ltd offers a wide range of PF series water bases fluid pump.
latest News
Subscribe to iNoW
For Industry News on WhatsApp, Give a Miss Call on: +91 84228 74016
