Advance Logistics Investment Corporation (TSE:3493) agreed to acquire T&B Maintenance Center Matsue and T&B Maintenance Center Toyama from Ricoh Leasing Company, Ltd. (TSE:8566) for ¥4.3 billion on June 26, 2024. A cash consideration of ¥4.34 billion will be paid by Advance Logistics Investment Corporation. As part of consideration, ¥4.34 billion is paid towards assets of T&B Maintenance Center Matsue and T&B Maintenance Center Toyama. The transaction will be financed through senior debt of ¥4.34 billion.

The expected completion of the transaction is August 1, 2024.