ZUIKO Corporation, through its wholly owned subsidiary COTEX Corporation, has entered into a basic agreement to acquire the spunlace nonwoven fabric business from UNITIKA LTD., a leading Japanese manufacturer in the market.

 

The acquisition aligns with ZUIKO’s Fourth Medium-Term Business Plan, which emphasizes accelerating new business development and leveraging synergies with the company’s established expertise in hygiene products manufacturing machinery. COTEX, established in 2024, has focused on developing and manufacturing cotton products for hygiene applications. UNITIKA, a pioneer in spunlace nonwoven fabric since 1993, is recognized for products that are gentle on the skin and offer excellent moisture absorption and retention.

 

By integrating UNITIKA’s spunlace technology, ZUIKO aims to expand into the manufacturing and sale of cotton-based spunlace nonwovens, targeting both existing customers and new opportunities in domestic and international hygiene markets. The transferred business recorded net sales of approximately 4 billion yen for the fiscal year ended March 31, 2025 .

 

The specific assets, liabilities, acquisition price, and payment method are still under negotiation. A business transfer agreement is expected to be finalized in early August 2025, with the business transfer and commencement of operations scheduled for December 2025.

 

ZUIKO plans to continue serving existing customers of the transferred business while expanding its reach to new markets. The company will also focus on enhancing product value through research and development of highly processable cotton spunlace nonwoven fabrics for hygiene products.