An unknown buyer acquired 2.28% stake in JCU Corporation from Faltec Co., Ltd. for ¥1.6 billion.
March 15, 2018
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An unknown buyer acquired 2.28% stake in JCU Corporation (TSE:4975) from Faltec Co., Ltd. (TSE:7215) for ¥1.6 billion on March 15, 2018. Under the terms, Faltec Co., Ltd sold 0.32 million shares of JCU Corporation.
An unknown buyer completed the acquisition of 2.28% stake in JCU Corporation (TSE:4975) from Faltec Co., Ltd. (TSE:7215) on March 15, 2018.
FALTEC Co., Ltd. is a Japan-based company engaged in manufacture and sale of automotive exterior parts, automobile genuine products and automobile related equipment business. The Company operates Japan, Asia and North America segment. The Automobile Enterior Parts business is engaged in the development, manufacture and sale of automobile exterior resin parts, such as radiator grilles, mud guard centers and wheel covers; molding parts, including window moldings, as well as door sash and metal parts. The Automobile Genuine Products business involves in the development, manufacture and sale of exterior goods, electrical components, metal products, chemical products and others. The Automobile-Related Equipment business is engaged in the development, manufacture and sale of automobile inspection and maintenance equipment, automobile manufacturing facilities and equipment, emergency power generators and gas engines for air conditioners.
FALTEC CO., LTD. 
