Tonami Holdings Co. Ltd. acquired 81% stake in Ryosei Butsuryu K.K. from Mitsubishi Cable Industries, Ltd.
July 01, 2014 at 12:00 am EDT
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Tonami Holdings Co. Ltd. (TSE:9070) agreed to acquire 81% stake in Ryosei Butsuryu K.K. from Mitsubishi Cable Industries, Ltd. on June 25, 2014. Tonami Holdings Co. Ltd. will acquire 486 shares. Amidas Partners, Inc. acted as financial advisor for Mitsubishi Cable Industries, Ltd.
Tonami Holdings Co. Ltd. (TSE:9070) completed the acquisition of 81% stake in Ryosei Butsuryu K.K. from Mitsubishi Cable Industries, Ltd. on July 1, 2014.
Tonami Holdings Co., Ltd. is Japan-based company mainly engaged in the integrated logistics business. The Company operates in three business segments. The Logistics-related segment is engaged in the truck transportation business, the freight transportation business, the warehousing business and harbor transportation business. The Information Processing segment provides information processing service. The Sales segment is engaged in merchandising and consignment of goods, casualty insurance agency and other businesses. The others businesses include automobile repair and other businesses.