ITOCHU Corporation (TSE:8001) acquired CARMONEY Ltd. from Peter Vardy Ltd on May 14, 2026. The deal will see the Motherwell-based automotive finance business become part of the ITOCHU Group while continuing to operate independently under its existing management team.
ITOCHU Corporation (TSE:8001) completed the acquisition of CARMONEY Ltd. from Peter Vardy Ltd on May 14, 2026.
Itochu Corp is a Japan-based company mainly engaged in the trading business. Food segment produces, distributes and sells food products. Energy & Chemicals segment trades and operates in the fields of energy, chemicals and electricity. Living & Lifestyle segment operates in the fields of living materials and logistics, as well as real estate. Machinery segment engages in the infrastructure-related business, power generation and other businesses. Metals segment engages in metal mineral resource development, steel product processing, trade of iron, ore and coal, non-ferrous metals and light metals and steel products. Information & Financial segment engages in information technology (IT) solutions, mobile distribution and services in the information and communications field, as well as financial services and insurance businesses. Textile segment engages in global business in goods from textile raw materials, yarns and fabrics to clothing. Eighth segment collaborates with other segments.
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