Zuiko Corporation has successfully completed thethe agreement to acquire Delta S.r.l.The final agreement to acquire 90% of Delta’s quota was formally passed at the board of directors meeting held today. After the quota transfer and subsequent capital contribution, Zuiko plans to quickly integrate with Delta and provide added value to current customers and strategically pursue new customers. 

Established in Italy in 2022, Delta S.r.l is a disposable sanitary products machinery manufacturer with sales to various countries including the United States, and countries in Europe, South America, and Africa. Its 2022 sales were reported at at €10.6 million compared to €7.9 million in 2021 and €4.6 million in 2020.

Zuiko Group announced its plan to acquire Delta in February saying the company would help boost the its sales to a wider range of customers. This is in sync with its business plan aiming to improve the profitability of its hygiene products business and expand its sales into new geographies to help defend its business against the possibility of declining diaper and sanitary products sales in Japan and China, which comprise half of total sales.