Baristride Group Co., Ltd. agreed to acquire Kronos Co., Ltd from Quick Co.,Ltd..
September 21, 2022
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Baristride Group Co., Ltd. agreed to acquire Kronos Co., Ltd from Quick Co.,Ltd. (TSE:4318) on September 22, 2022. Baristride Group Co., Ltd. will acquire 3799 shares of Kronos Co., Ltd. As of march 31, 2022 Kronos reported a Total turnover of ¥568 million, Total assets of ¥409 million, EBIT of ¥9 million and Net Income of ¥7 million. The transaction is expected to close on October 3, 2022.
Quick Co Ltd is a Japan-based company mainly engaged in the human resources service business and recruiting business. The Company operates through five business segments. Human Resources Service segment provides human resources introduction business, personnel dispatch, dispatch business contract, and operates nursery centers. Recruiting segment is engaged in the job advertising agency business and the provision of recruitment support tools, education and training service. Information Publishing segment publishes regional information magazines. IT and Internet-related segment plans and operates portal site for information on human resources and labor issues, other activities under the Japan's Human Resources Department brand, web promotion support, web and mobile applications and Artificial Intelligence solutions, and Information Technology (IT) engineer training and development. Overseas segment provides human resources introduction, dispatch and related service overseas.