KITZ Corporation announces that its group company, Micro Pneumatics Private Limited has entered into a share purchase agreement with 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.
Through this acquisition, Kitz aims to further enhance their 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, Kitz expects to strengthen both their product portfolio and customer base.