BBS Motorsport GmbH cancelled the acquisition of Washi Holdings GmbH and BBS Washi Wheels GmbH from Maeda Kosen Co., Ltd. and others.
August 22, 2015 at 12:00 am EDT
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BBS Motorsport GmbH agreed to acquire Washi Holdings GmbH and BBS Washi Wheels GmbH from Maeda Kosen Co., Ltd. (TSE:7821) and others on August 22, 2014. Post acquisition, Washi Holdings GmbH and BBS Washi Wheels GmbH will be dissolved and only BBS Motorsport GmbH will be surviving company.
BBS Motorsport GmbH cancelled the acquisition of Washi Holdings GmbH and BBS Washi Wheels GmbH from Maeda Kosen Co., Ltd. (TSE:7821) and others on August 22, 2015.
MAEDA KOSEN CO., LTD. is a Japan-based company mainly engaged in the social infrastructure business that mainly engaged in the manufacture and sale of civil engineering materials, building materials, agricultural materials and non-woven fabrics. The Company operates through three business segments. The Social Infrastructure segment is involved in the manufacture and sale of embankment reinforcements, civil engineering sheets, river revetment materials, slope disaster prevention products, drainage materials, polymer cement mortar, among others. The Industry Infrastructure segment is involved in the manufacture, process and sale of wipers for flat display panels and precision equipment, secondary products of narrow woven fabrics such as ribbons and various industrial fibers, as well as circular knitted products for apparel and various industrial materials. The Human Infrastructure segment is involved in the manufacture and sale of light alloy forged wheels for automobiles.