Business
Asahi Kasei Accelerates Portfolio Transformation with Divestiture of Daramic Lead Battery Separator Business
TOKYO, December 02, 2025--Asahi Kasei announces its strategic divestiture of Daramic, a lead battery separator business to Kingswood Capital Management, LP.
About this update from Asahi Kasei Corporation
[{"type":"image","alt":"Progress of Asahi Kasei's business portfolio transformation.","displaySize":"","headline":null,"caption":"Progress of Asahi Kasei's business portfolio transformation.","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":270,"url":"https://media.zenfs.com/en/business-wire.com/505cae2c1ba4d562519613334a4a87bc"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ZqHSTnHC9aa0cSAkUqc1sQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTU0MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/505cae2c1ba4d562519613334a4a87bc","width":480,"height":270}},"lazy":false},{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":4999,"height":683,"url":"https://media.zenfs.com/en/business-wire.com/b007e8be048ca3cd6ce5817252bb9dff"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/cRPkYNrjzbRZhFD3vfE_lw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTEzMTtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/b007e8be048ca3cd6ce5817252bb9dff","width":960,"height":131},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/EbVSBAamvWtIVtr1nDYS1Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD0zMjg7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/b007e8be048ca3cd6ce5817252bb9dff","width":1200,"height":164}}},{"type":"text","content":"TOKYO, December 02, 2025--(BUSINESS WIRE)--Asahi Kasei, a diversified global manufacturer in the Healthcare, Homes, and Material sectors, announces its strategic divestiture of Daramic, a lead battery separator business, to Kingswood Capital Management, LP. The Daramic business transfer closed on December 1, 2025. The effect on Asahi Kasei’s consolidated financial results for fiscal 2025 is immaterial.","length":405,"tagName":"p"},{"type":"text","content":""As we enter a new era for our company, it is critical that we align our resources with areas that will drive future growth," said Hideyuki Yamagishi, Primary Executive Officer of Asahi Kasei Corporation and President of the Material Sector. "This divestiture represents a strategic step that allows Asahi Kasei to evolve its capabilities with high-potential initiatives, such as strengthening our electronics business and expanding our lithium-ion battery separator business in North America, both key drivers of profit growth."...