Johnson Health Tech .Co., Ltd. completed the acquisition of the remaining 40% stake in Fuji Medical Instruments Mfg. Co., Ltd. from Asahi Life & Health Corporation for ¥2 billion
May 10, 2023
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Johnson Health Tech .Co., Ltd. (TWSE:1736) agreed to acquire the remaining 40% stake in Fuji Medical Instruments Mfg. Co., Ltd. from Asahi Life & Health Corporation on December 9, 2022. the transaction is subject to close in mid of December, 2022. The transaction has been approved by the board of Johnson Health.
Johnson Health Tech .Co., Ltd. (TWSE:1736) completed the acquisition of the remaining 40% stake in Fuji Medical Instruments Mfg. Co., Ltd. from Asahi Life & Health Corporation for ¥2 billion on May 11, 2023. The transaction was funded from internal resources.
Johnson Health Tech .Co., Ltd. is a Taiwan-based company principally engaged in the research, development, design, manufacture and sales of cardiopulmonary resuscitation fitness machines and weight training machines, as well as the provision of after-sales services. The Company's main products include electric treadmills, vertical and lying exercise bikes, elliptical machines, rowing machines, steppers, weight training machines, electric massage chair series and others. The Company distributes its products in domestic market and to overseas markets, including Europe, the Americas, the rest areas of Asia and others.
Johnson Health Tech .Co., Ltd. completed the acquisition of the remaining 40% stake in Fuji Medical Instruments Mfg. Co., Ltd. from Asahi Life & Health Corporation for ¥2 billion