Yamau Co., Ltd. cancelled the acquisition of Daiei Kaihatsu K.K. from Kyushu Relationship Fund 1, a fund managed by Fukuoka Capital Partners Co., Ltd. and Japan Private Equity Co., Ltd.
May 27, 2016
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Yamau Co., Ltd. (JASDAQ:5284) signed a share transfer contract to acquire Daiei Kaihatsu K.K. from Kyushu Relationship Fund 1, a fund managed by Fukuoka Capital Partners Co., Ltd. and Japan Private Equity Co., Ltd. for ¥1.3 billion on May 28, 2015. Yamau will acquire 0.07 million shares of Daiei Kaihatsu. On completion, Daiei Kaihatsu will become a subsidiary of Yamau. Daiei Kaihatsu reported net assets of ¥1.08 billion, total assets of ¥1.48 billion, sales of ¥1.72 billion, operating profit of ¥129.57 million and net income of ¥76.48 million as of May 2014. The deal was resolved by the Board of Directors of Yamau. The deal is expected to close by June 1, 2015. Yamau will pay an advisory fee of ¥20 million.
Yamau Co., Ltd. (JASDAQ:5284) cancelled the acquisition of Daiei Kaihatsu K.K. from Kyushu Relationship Fund 1, a fund managed by Fukuoka Capital Partners Co., Ltd. and Japan Private Equity Co., Ltd. on May 28, 2016.
Yamau Holdings Co Ltd, formerly Yamau Co Ltd, is a Japan-based company mainly engaged in the provision of concrete products. The Company has seven business segments. The Concrete Product Manufacturing and Sale segment provides civil engineering products and landscape products. The Floodgate and Weir Manufacturing, Construction and Maintenance segment provides steel structures such as floodgates, and construction and maintenance services. The Geological Survey, Consultant and Civil Engineering segment provides geological survey services. The Information Equipment Sale and Maintenance segment sells and maintains processing support equipment. The Concrete Structure Inspection, Investigation and Repair segment provides inspection, investigation and repair services for concrete structures. The Real Estate segment leases real estate. The Bridge and Elevated Road Telescopic Device Manufacturing, Sale and Installing segment provides telescopic devices for bridges and elevated roads.
Yamau Co., Ltd. cancelled the acquisition of Daiei Kaihatsu K.K. from Kyushu Relationship Fund 1, a fund managed by Fukuoka Capital Partners Co., Ltd. and Japan Private Equity Co., Ltd.