Daiki Axis Co., Ltd. (TSE:4245) agreed to acquire Aluminum Kobo Hagio Co., Ltd. on October 22, 2021. For the year ended December 31, 2021 Aluminum recorded total assets of ?0.21 million and revenue of ?0.28 million. The deal is subject to approval from Daiki Axis Co., Ltd. board. As of October 22, 2021 Daiki Axis Co., Ltd. approved the deal. The deal is subject to complete on October 26, 2021.
Daiki Axis Co.,Ltd. is a Japan-based company primarily engaged in the environmental equipment and residential equipment-related business. The Company has three business segments. Its Environment Equipment-related segment mainly involves in the manufacture, construction, sale and maintenance of water treatment equipment, including septic tanks. This segment provides products used in wastewater treatment and industrial water treatment, as well as sewer water treatment equipment. The Residential Equipment-related segment mainly involves in the sale of residential and education-related facilities, as well as interior and exterior works. The Others segment mainly involves in the manufacture and sale of biodiesel, bottled water and pet goods.
DAIKI AXIS CO., LTD. 