Takashima & Co., Ltd. singed a share transfer agreement to acquire Gansui Corporation from Rising Japan Equity II, LP, managed by Rising Japan Equity Inc. for ¥5 billion.
May 22, 2023
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Takashima & Co., Ltd. (TSE:8007) singed a share transfer agreement to acquire Gansui Corporation from Rising Japan Equity II, LP, managed by Rising Japan Equity Inc. for ¥5 billion on May 23, 2023. As part of the transaction, Takashima will acquire 16,000 shares. The transaction is subject to approval by the Japanese Fair Trade Commission under the Antimonopoly Law nd resolved by the board of Takashima and expected to complete in June, 2023.
Takashima & Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of textile products and resin molded products. The Company operates through four business segments. Construction Materials segment is involved in the sale of materials related to construction and housing such as wall materials, foundation piles, heat insulating materials, solar panels, and interior materials. Industrial Materials segment is involved in the sale of materials include resin materials and molded products, high-performance products for rolling stock, industrial fibers, light-emitting diode (LED) construction and original equipment manufacturer (OEM) apparel. The Electronics & Devices segment is engaged in sales of electronic devices in Japan and overseas, and manufacture at overseas factories. Rental Real Estate segment is involved in the leasing of owned real estate. The Company is also engaged in ground investigation, ground improvement work, and civil engineering work.
Takashima & Co., Ltd. singed a share transfer agreement to acquire Gansui Corporation from Rising Japan Equity II, LP, managed by Rising Japan Equity Inc. for ¥5 billion.