Iwatani Corporation acquired Tokico System Solutions, Ltd. from Polaris Private Equity Fund IV, L.P., managed by Polaris Capital Group Co., Ltd. and others.
April 31, 2022
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Iwatani Corporation (TSE:8088) agreed to acquire Tokico System Solutions, Ltd. from Polaris Private Equity Fund IV, L.P., managed by Polaris Capital Group Co., Ltd. and others on January 28, 2022. For the fiscal year ending March, 2021, Tokico System reported revenue of ¥21.2 billion. The transaction is expected to complete April 1, 2022. The transaction will not affect his financial results for the fiscal year ending March, 2022.
Iwatani Corporation (TSE:8088) completed the acquisition of Tokico System Solutions, Ltd. from Polaris Private Equity Fund IV, L.P., managed by Polaris Capital Group Co., Ltd. and others for ¥16,819 million on April 1, 2022.
IWATANI CORPORATION is a gas company. The Total Energy Division provides household, commercial and industrial liquefied petroleum gas (LPG), LPG supplying equipment, liquefied natural gas(LNG), gas products, and household kitchen appliances. The Industrial Gas and Machinery Division provides gas, helium, gas supplying equipment, welding equipment, industrial machinery and robots, pumps and compressors, as well as semiconductor and electronic parts manufacturing equipment, pharmaceutical and food machinery and environmental equipment. The Materials Division provides steel, nonferrous metals, functional films, display materials, electronic material, ceramic raw materials and biomass fuel. The Natural Industry Division provides frozen foods, health food, livestock systems, agricultural materials and equipment. The Others segment involves in finance, insurance, transportation and information processing businesses.
Iwatani Corporation acquired Tokico System Solutions, Ltd. from Polaris Private Equity Fund IV, L.P., managed by Polaris Capital Group Co., Ltd. and others.
IWATANI CORPORATION 
