Tadano Ltd. completed the acquisition of Nagano Industry Co., Ltd. from JAFCO SV5 Fund and JAFCO SV5-STAR Investment Limited Partnership, managed by JAFCO Group Co., Ltd..
February 31, 2024
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Tadano Ltd. (TSE:6395) entered into a share purchase agreement to acquire Nagano Industry Co., Ltd. from JAFCO SV5 Fund and JAFCO SV5-STAR Investment Limited Partnership, managed by JAFCO Group Co., Ltd. (TSE:8595) on December 14, 2023. Nagano Industry had sales of ¥5.6 billion in 2022.
Tadano Ltd. (TSE:6395) completed the acquisition of Nagano Industry Co., Ltd. from JAFCO SV5 Fund and JAFCO SV5-STAR Investment Limited Partnership, managed by JAFCO Group Co., Ltd. (TSE:8595) on February 1, 2024. As part of acquisition, 22,201 shares were acquired. Yasuhisa Tsukamoto is new Representative Director of Nagano Industry.
JAFCO Group Co Ltd, formerly JAFCO Co Ltd, is a Japan-based company engaged in venture investment and buyout investment business through fund management. The Company operates Fund Management business segment. The Funds are recruited from institutional investors and operating companies about once every three years. The Company also invests its own funds in all funds and commits itself to improving fund performance. The main sources of revenue are capital gains through fund investments, fund management fees, and performance fees. The Company operates business in Japan, the United States, Asia and other countries.
Tadano Ltd. completed the acquisition of Nagano Industry Co., Ltd. from JAFCO SV5 Fund and JAFCO SV5-STAR Investment Limited Partnership, managed by JAFCO Group Co., Ltd..