Ishizuka Glass Co., Ltd. (TSE:5204) agreed to acquire Narumi Corporation from CITIC Japan Partners, L.P. managed by CITIC Capital Partners, CITIC Japan Growth Partners, L.P and 10 individuals for ¥4.3 billion on December 17, 2014. Under the terms, Ishizuka Glass will acquire 5.1 million shares of Narumi Corporation for ¥4.4 billion, which includes advisory fee of ¥55 million. For the period ending March 31, 2014, total assets of ¥14.97 billion, net assets of ¥6.5 billion, net sales of ¥10.6 billion and net income of ¥410 million. The transaction is expected to close on January 9, 2015. CITIC Japan Partners, L.P. managed by CITIC Capital Partners exited from Narumi effective January 5, 2014.

Ishizuka Glass Co., Ltd. (TSE:5204) completed the acquisition of Narumi Corporation from CITIC Japan Partners, L.P. managed by CITIC Capital Partners, CITIC Japan Growth Partners, L.P and 10 individuals in 2015.