C.I. Medical Co.,Ltd. agreed to acquire additional 40% in Yotsuba Electric Power Co., Ltd.
July 02, 2020
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C.I. Medical Co.,Ltd. (JASDAQ:3540) agreed to acquire additional 40% in Yotsuba Electric Power Co., Ltd. on July 3, 2020. Post completion, C.I. Medical Co.,Ltd. will hold 60% in Yotsuba Electric Power Co., Ltd. which will operate as a subsidiary. The Board of Directors of C.I. Medical Co.,Ltd. resolved the transaction on July 3, 2020.
C.I.MEDICAL CO.,LTD. is a Japan-based company engaged in mail order sales to dental clinics, dental laboratories and other various medical institutions. Mail order sales segment sells products purchased from domestic and overseas wholesalers and manufacturers to domestic dental clinic and other healthcare professionals. Mail order distributions include Ci Medical for dental clinic, nurse+care for clinic, DENTAL LABO for dental laboratory, Vet for veterinary medical materials and pharmaceutical, FreshCare for nursing care facilities and welfare facilities, Medical catalog for hospitals and general clinics, Demiline dental clinic catalog for dental clinics, dental fit for patients and the MEX business for pharmacies. It also provides computer aided design (VAD) and computer aided manufacturing (CAM) dental technology production business, dental magazine publishing business, solar power generation business, and website creation agency business for dental clinics and dental laboratories.
C.I. MEDICAL CO.,LTD. 
