Verder Holding B.V. signed an agreement to acquire MicrotracBEL Corp. and Microtrac, Inc. from Nikkiso Co., Ltd. and Nikkiso America, Inc.
June 02, 2019
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Verder Holding B.V. signed an agreement to acquire MicrotracBEL Corp. and Microtrac, Inc. from Nikkiso Co., Ltd. (TSE:6376) and Nikkiso America, Inc. on June 3, 2019. Verder Holding will acquire MicrotracBEL Corp. from Nikkiso Co., Ltd. and Microtrac, Inc. from Nikkiso America, Inc. For the year ended December 2018, MicrotracBEL Corp. and Microtrac, Inc. reported total assets of ¥3.8 billion, total equity of ¥2 billion, revenue of ¥4.7 billion, and operating profit of ¥512 million. The transaction as resolved by the Board of Nikkiso Co., Ltd. on June 3, 2019. The transaction is expected to close by the end of June 2019.
NIKKISO CO.,LTD. is a Japan-based company principally engaged in the manufacture and sale of industrial pumps, precision equipment and blood related products, among others. The Company operates in two business segments. Industrial Business segment conducts industrial business including the manufacture, sale and maintenance of industrial special pumps, as well as liquefied gas & industrial gas related equipment and devices. The Segment is also involved in precision equipment business, aerospace business and deep ultraviolet light emitting diode (LED) business. Medical Business segmentâs products are dialysis-related products including hemodialysis and peritoneal dialysis, such as artificial dialysis machines, dialyzers, blood circuits, and powder-type dialysis agents. The Segment also manufactures, sells and maintains products and medicines related to CRRT (acute blood purification therapy), artificial pancreas devices that manage blood glucose, and energy devices for microwave surgery.