Univa Asset Management Co., Ltd. Asset Management Arm entered into an agreement to acquire 11.72% stake in CSS Holdings,Ltd. from Oak Capital Corporation for JPY 254 million.
May 14, 2023
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Univa Asset Management Co., Ltd. Asset Management Arm entered into an agreement to acquire 11.72% stake in CSS Holdings,Ltd. (TSE:2304) from Oak Capital Corporation (TSE:3113) for JPY 254 million on May 15, 2023.
CSS Holdings, Ltd. is mainly engaged in the stewardship, food service and space production businesses. The Company operates in three business segments. The Steward segment is engaged in dishwashing business, the pot washing business, garbage collection and transportation business and kitchen cleaning business. The Food Service segment provides welfare facilities such as employee canteens, lunch management and nutrition management business at schools and social welfare corporations, lunch meals mainly for elderly welfare facilities and construction site offices. The Space Production segment is engaged in the planning and proposal of peripheral equipment, import and wholesale of professional audio equipment, the construction, management, and maintenance of systems such as sound, video, and lighting, security systems such as surveillance cameras, and communication systems. The Company is also engaged in general affairs, human resources and accounting management businesses.
Univa Asset Management Co., Ltd. Asset Management Arm entered into an agreement to acquire 11.72% stake in CSS Holdings,Ltd. from Oak Capital Corporation for JPY 254 million.