SWCC Showa Holdings Co., Ltd. cancelled the acquisition of remaining 45% in Unimac Ltd. from Fujikura Ltd..
August 26, 2020
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SWCC Showa Holdings Co., Ltd. (TSE:5805) concluded a stock transfer agreement to acquire remaining 45% in Unimac Ltd. from Fujikura Ltd. (TSE:5803) on August 27, 2019. Post completion, Unimac Ltd. will operate as Showa Electric Wire Unimac Co., Ltd. The Board of Directors of SWCC Showa Holdings Co., Ltd. approved the deal on August 27, 2019. The deal is expected to close on October 1, 2019.
SWCC Showa Holdings Co., Ltd. (TSE:5805) cancelled the acquisition of remaining 45% in Unimac Ltd. from Fujikura Ltd. (TSE:5803) on August 27, 2020.
SWCC Corp is a Japan-based company mainly engaged in the electrical wire rod business and other businesses. The Company operates through three segments. The Energy and Infrastructure segment manufactures and sells electric wires, electric power cables, seismic isolation devices, damping and vibration isolation, and designs and contracts engineering. The Communication and Industrial Device segment mainly manufactures and sells communication cables, wire harnesses, and precision devices. The Electrical Equipment and Components segment mainly manufactures and sells magnet wires, bare wires, oxygen-free copper, copper alloy wires, and electric wires for automobiles. The Company is also engaged in new businesses including sales of network solutions, logistics business, office management business, research and development of materials, and manufacturing and sales of superconducting business.
SWCC CORPORATION 
