Sankyo Seiko Co., Ltd. completed the acquisition of Leonard Fashion Sa.
July 24, 2022
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Sankyo Seiko Co., Ltd. (TSE:8018) agreed to acquire Leonard Fashion Sa on June 23, 2022. Under this deal Sankyo Seiko will acquire 0.68 million shares. As on December, 2021 Leonard Fashion Sa reported Net assets €9.18 million, Total assets €14.7 million, Sales €8.53 million, Net income €-0.87 million and Operating income €-0.271 million. The transaction is expected to complete on July 19, 2022.
Sankyo Seiko Co., Ltd. (TSE:8018) completed the acquisition of Leonard Fashion Sa on July 25, 2022.
SANKYO SEIKO CO., LTD. is a Japan-based company mainly engaged in the fashion related business, the textile related business and the real estate leasing business. The Company operates through three business segments. The Fashion Related segment is mainly engaged in the planning, manufacture and sale of fashion products, the import and sale of overseas brand products, as well as the licensing business. The Textile Related segment is mainly engaged in the processing, planning, manufacture and sale of textile and clothing products. The Real Estate Leasing segment is mainly engaged in the leasing of real estate owned by the Company and group companies, including office, hotels and buildings. The Company is also engaged in the building maintenance business and interior decorating business.
SANKYO SEIKO CO., LTD. 