Tokyu Construction Co., Ltd. completed the acquisition of Indochine Engineering Limited.
October 30, 2020
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Tokyu Construction Co., Ltd. (TSE:1720) agreed to acquire Indochine Engineering Limited on July 7, 2020. Under the terms, Indochine management and operations will continue as normal to serve our clients and their projects for the foreseeable future. Indochine will continue to provide our consultancy services to existing and new clients as a part of the transaction.
Tokyu Construction Co., Ltd. (TSE:1720) completed the acquisition of Indochine Engineering Limited on October 1, 2020. AEC Advisors LLC acted as a financial advisor to Indochine Engineering Limited for the transaction.
Tokyu Construction Co Ltd is a Japan-based company mainly engaged in the construction business. The Company operates through three business segments. The Construction (building) segment is engaged in the construction of offices, commercial facilities, educational facilities, cultural and social facilities, sports facilities, government office buildings, research institutes, training facilities, housing, medical and welfare facilities, logistics facilities. The Construction (civil engineering) segment is engaged in the construction of railways, dams, environmental sanitation facilities and roads. The Real Estate segment is engaged in the sales and leasing of real estate properties. It also engages in sales of vegetables, and rehabilitation work through its subsidiaries. It is also engaged in the development of artificial intelligence/Internet of Things (AI/IoT) platform that protects and manages photovoltaic power generation panels.
TOKYU CONSTRUCTION CO., LTD. 
