PCE International, Inc completed the acquisition of Nine Roots Co., Ltd from Golf Do Co., Ltd..
March 30, 2018
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PCE International, Inc. concluded the share transfer contract to acquire Nine Roots Co., Ltd from Golf Do Co., Ltd. (NSE:3032) on March 30, 2018. Under the terms, PCE International, Inc will acquire 0.09 million shares of Nine Roots Co., Ltd. The transaction is resolved by the Board of Directors of Golf Do Co., Ltd. The transaction is expected to close on March 31, 2018.
PCE International, Inc completed the acquisition of Nine Roots Co., Ltd from Golf Do Co., Ltd. (NSE:3032) on March 31, 2018.
GOLF DO CO., LTD. is a company mainly engaged in the operation of direct and franchised chain stores that purchase and sell secondhand golf clubs. The Company operates in four segments. The Direct Sales segment is engaged in the direct sales by direct-operated stores and mail order sales using the Internet. The Franchise segment sells goods to franchise merchants, provides services, guidance and assistance on business management. The Business Sales segment engages in the dealer sales by Business to Business. The Wellness segment operates the relaxation salon business. The company's main products include golf clubs and golf equipment.