Mitsui to acquire a 30% stake in Japan Medical Dynamic Marketing from NGK Spark Plug.

Mitsui, one of the largest keiretsu in Japan, agreed to acquire a 30% stake in Japan Medical Dynamic Marketing, a medical devices company, from NGK Spark Plug, a manufacturer of spark plugs, glow plugs and lambda sensors. Financial terms were not disclosed. Mitsui Chemicals is stepping into orthopedic business aiming to provide solutions, leveraged by innovative services and products driven by the power of chemistry, for patients and medical care professionals. To this extent, the business and capital alliance with Japan MDM will be the great starting point for Mitsui Chemicals to achieve its goal in contributing to people’s better lives.