Sansha Electric Manufacturing Co.,Ltd. completed the acquisition of Osaka Denso Kogyo Co., Ltd. from Takeyoshi Morikawa.
November 31, 2021
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Sansha Electric Manufacturing Co.,Ltd. (TSE:6882) agreed to acquire Osaka Denso Kogyo Co., Ltd. from Takeyoshi Morikawa on October 27, 2021. Pursuant to the transaction, Sansha will acquire 0.024 million outstanding shares of Osaka and Osaka will operate as a wholly owned subsidiary of Sansha. The transfer of shares will take place on November 1, 2021.
Sansha Electric Manufacturing Co.,Ltd. (TSE:6882) completed the acquisition of Osaka Denso Kogyo Co., Ltd. from Takeyoshi Morikawa on November 1, 2021.
Sansha Electric Manufacturing Co.,Ltd. is a Japan-based company mainly engaged in the manufacture and sale of semiconductors and power equipment. The Company operates through two business segments. The Semiconductor segment is mainly engaged in the manufacture and sale of module products and discrete products for diode thyristor triac. The Power Equipment segment is mainly engaged in the manufacture and sale of direct current power equipment, metal surface treatment power equipment, alternating current uninterrupted power equipment, motor control power equipment, electric furnace power equipment, dimming devices, light source machine power equipment, arc welding equipment, dental equipment and alternating current power equipment. The Company is also engaged in the installation, test, repair, maintenance and construction of equipment.