Hakudo Co., Ltd. completed the acquisition of part of Nonferrous Metals Sales Business of Toko Metal Co., Ltd.
March 10, 2020
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Hakudo Co., Ltd. (TSE:7637) agreed to acquire part of Nonferrous Metals Sales Business of Toko Metal Co., Ltd on January 30, 2020. The transaction is expected to be closed on March 11, 2020.
Hakudo Co., Ltd. (TSE:7637) completed the acquisition of part of Nonferrous Metals Sales Business of Toko Metal Co., Ltd on March 11, 2020. The effect of this acquisition on Hakudo's consolidated business results is insignificant.
Hakudo Co., Ltd. is a company mainly engaged in the processing and sale of metal and plastic products. The Company operates in two business segments. The Japan segment purchases various products from material manufacturers and others, cuts and processes the standard stock products, and delivers to customers in a short delivery time. The China segment purchases products from the Company and material manufacturers, stocks in factories in Shanghai, cuts, processes and delivers to customers in China in a short delivery time. In Thailand, the Company also sells products stocked in external warehouses in Bangkok to local companies.
HAKUDO CO., LTD. 
