Noritsu Koki Co., Ltd. completed the acquisition of AlphaTheta Corporation from Pioneer Corporation and KKR & Co. Inc..
As of March 31, 2019, AlphaTheta reported revenue of ¥63.9 billion, EBIT of ¥5.5 billion and net income of approximately ¥3 billion. The transaction was resolved on March 2, 2020. The transaction is subject to customary closing conditions, and is expected to close on April 3, 2020. David Sneider, Ian Ho, Noritaka Kumamoto, Makiko Harunari, Alvin Kwong, Katharine Moir, Marcela Robledo, and Adeeb Fadil of Simpson Thacher & Bartlett acted as a legal advisors to KKR. Stephen Mathews, Eoghan Kerr, Nassim Ikhlef, and Carla Baeza of Allen & Overy LLP and Allen & Overy France acted as a legal advisor to Noritsu Koki.
Noritsu Koki Co., Ltd. (TSE:7744) completed the acquisition of AlphaTheta Corporation from Pioneer Corporation and KKR & Co. Inc. (NYSE:KKR) on April 3, 2020.