Itochu Enex Co.,Ltd. and Enexfleet Co.,Ltd. acquired a 40% stake in International Auto Auction Co., Ltd. from GLION GROUP.
June 29, 2022
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Itochu Enex Co.,Ltd. (TSE:8133) and Enexfleet Co.,Ltd. acquired a 40% stake in International Auto Auction Co., Ltd. from GLION GROUP on June 30, 2022.
Itochu Enex Co.,Ltd. (TSE:8133) and Enexfleet Co.,Ltd. completed the acquisition of a 40% stake in International Auto Auction Co., Ltd. from GLION GROUP on June 30, 2022.
Itochu Enex Co Ltd is a Japan-based company mainly engaged in home-life business, car-life business, industrial business, and power and utility business. The Company operates through four segments. The Home Life Business segment is engaged in the sale and provision of services of liquefied petroleum (LP) gas, kerosene, electric power, life-related equipment and smart energy equipment. The Car Life Business segment is engaged in the sale and provision of services of gasoline, kerosene, light oil, electric power, and automobiles. The Industrial Business segment is engaged in the sale and provision of services of gasoline, kerosene, light oil, heavy oil, LP gas, and gas-to-liquid (GTL) fuel, the import and export of petroleum products, and the lease of terminal tanks. The Power & Utility Business segment is engaged in electric power generation, steam, district heating service, comprehensive energy service, electric heat supply service, asset management, and rental car business.
ITOCHU ENEX CO.,LTD. 
