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Japanese OSG Forms a Joint Venture with Swiss Coat-X SA
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2021-11-24
OSG invested in Swiss Coat-X SA (CEO: Andreas Hogg) through its subsidiary OSG Coating Service CO., Ltd. Additionally, both parties have reached an agreement to form the joint venture Coat-X Japan.
Based in La-Chaux-de-Fonds, Switzerland, Coat-X SA provides high-performance coating. OSG invests 51% and Coat-X SA invests 49% to form the joint venture Coat-X Japan in Shinshiro City of Aichi Prefecture, in order to develop high-performance, water and heat resistant coating for electronic components in Japan and Asia.
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