Nagase Acquires 60% Share of Pac Tech

In 2005, Pac Tech doubled its sales worldwide to approximately 14 million Euros. Nagase began selling Pac Tech’s equipment and technology licenses in Japan in 2000, giving Pac Tech a boost in the Japan market. Pac Tech’s strong presence in Japan and China should enable Pac Tech to double their overall sales of back-end equipment and materials over the next 3 years from approximately 6 billion JPY in 2005, claims Kazuo Nagashima, Nagase’s director executive officer.

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