Tonami Holdings Co., Ltd. completed the acquisition of Chuo Reizo Co., Ltd. from Koji Hirashio and Yaroku Kimitsuka.
July 30, 2016
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Tonami Holdings Co. Ltd. (TSE:9070) signed a contract to acquire Chuo Reizo Co., Ltd. from Koji Hirashio and Yaroku Kimitsuka on June 29, 2016. Tonami Holdings Co. will acquire 48,000 shares of Chuo Reizo Co., Ltd. as part of the transaction. Koji Hirashio will sell 66.7% and Yaroku Kimitsuka will sell 33.3% stake in Chuo Reizo Co., Ltd. The deal is resolved by the Board of Directors of Tonami Holdings on June 29, 2016. The transaction is expected to complete on July 1, 2016.
Tonami Holdings Co., Ltd. (TSE:9070) completed the acquisition of Chuo Reizo Co., Ltd. from Koji Hirashio and Yaroku Kimitsuka in July 2016.
Tonami Holdings Co., Ltd. is Japan-based company mainly engaged in the integrated logistics business. The Company operates in three business segments. The Logistics-related segment is engaged in the truck transportation business, the freight transportation business, the warehousing business and harbor transportation business. The Information Processing segment provides information processing service. The Sales segment is engaged in merchandising and consignment of goods, casualty insurance agency and other businesses. The others businesses include automobile repair and other businesses.