Vector Inc. completed the acquisition of an unknown minority stake in Geobeck Co. Ltd. from EPARK, Inc. and Masahiko Mochizuki.
July 28, 2022
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Vector Inc. (TSE:6058) agreed to acquire an unknown minority stake in Geobeck Co. Ltd. from EPARK, Inc. and Masahiko Mochizuki on July 27, 2022. Vector will acquire 0.000023 million shares of Geobeck. Geobeck has reported net worth of ¥6.099 million, total assets of ¥123.224 million, revenue of ¥100.058 million and net income ¥3.259 million during Fiscal year May 2021. The transaction is expected to complete on July 29, 2022.
Vector Inc. (TSE:6058) completed the acquisition of an unknown minority stake in Geobeck Co. Ltd. from EPARK, Inc. and Masahiko Mochizuki on July 29, 2022.
VECTOR Inc is a Japan-based company mainly engaged in the public relations (PR) business and press release distribution business. The Company operates in six business segments. Public Relations segment conducts consulting business that provides PR support for clients' products and services through strategic PR. The Press Release Distribution segment distributes information about customers' products and services as news releases based on publicity requests from clients, and develops a platform business that connects companies and consumers with news. The Video Release Distribution segment conducts video distribution business that appeals to the target through the Internet. The Direct Marketing segment conducts direct to customer (D2C) business that develops and sells health and beauty related products and services through the Internet. The Media segment conducts media operation business. The Human Resources (HR) segment conducts human resources-related business.