Trancom Co., Ltd. entered into a capital and business alliance agreement to acquire CBcloud Co., Ltd. for approximately ¥680 million.
January 30, 2022
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Trancom Co., Ltd. (TSE:9058) entered into a capital and business alliance agreement to acquire CBcloud Co., Ltd. for approximately ¥680 million on January 31, 2022. The transaction is resolved by the board of directors of Trancom and is planned to be completed on January 31, 2022. The transaction is expected to have a minor impact on business results for the fiscal year ending March, 2022.
TRANCOM CO., LTD. is a Japan-based company mainly engaged in the provision of logistics business of client companies and the construction and operation of logistics network. The Company operates through three business segments. The Logistics Management business is engaged in the lump-sum commissioning of logistics functions of client companies and the operation of distribution centers. The Logistics Information Service business is engaged in the provision of empty vehicle information and cargo-requesting matching information and trunk transportation. The Industrial Support business is engaged in the provision of production contracting and temporary staffing services. The Company is also engaged in vehicle maintenance and non-life insurance agency, truck leasing and maintenance management, production contracting, overseas logistics and information system development.
TRANCOM CO., LTD. 
