AMG Holdings Co.,Ltd. completed the acquisition of Kawasaki Housing, K.K. and Houmainte Co., Ltd. for ¥400 million.
October 03, 2022
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AMG Holdings Co.,Ltd. (TSE:8891) entered into an agreement to acquire Kawasaki Housing, K.K. and Houmainte Co., Ltd. for ¥2.7 billion on August 8, 2022. The deal is expected to close on October 4, 2022. As of September 2021, Kawasaki Housing, K.K. and Houmainte Co., Ltd reported total revenue of ¥9,431 million, total assets of ¥10,637 million, EBIT of ¥653 million and net income of ¥439 million.
AMG Holdings Co.,Ltd. (TSE:8891) completed the acquisition of Kawasaki Housing, K.K. and Houmainte Co., Ltd. for ¥400 million on October 4, 2022.
AMG Holdings Co Ltd is a Japan-based company engaged in apartment sales business, custom-made building business, real estate management business and real estate leasing business. The Company operates in four business segments. The Apartment Sales segment is engaged in the sale of newly built apartment series More Grace for families in the Tokai area. The Custom-made Building segment provides unique custom houses and store construction based on the concept of houses to build with architects. The Real Estate Leasing segment is engaged in the leasing of apartments in Nagoya City, Aichi Prefecture and Gifu City, Gifu Prefecture. This segment is centered on Nagoya City and Gifu City. The Real Estate Management segment is engaged in the management of new apartments series More Grace and other real estate.