NSG Group has completed the transfer its Battery Separator business to Nippon Sheet Glass Compass (NSGC).
The sale was newly established through an absorption-type company split, and then via the sale of the entire shares in NSGC to Entek Technology Holding KK, a wholly owned subsidiary of Entek Technology Holdings LLC.
NSG Group said it will continue to cooperate with Entek in managing and developing the business by holding minority stake in and appointing a Director to the Board of Directors of Entek Japan as a commitment to retain and grow trust from the customers.