Nisshinbo Holdings Inc. and Nisshinbo Singapore Pte. Ltd. completed the acquisition of HVJ Holdings Co., Ltd. from Japan Industrial Investment Fund IV, managed by Japan Industrial Partners, Inc., Shepherds Hill Fund II, L.P., Manaslu Fund II, L.P. and Sonora Fund II, L.P. managed by Shepherds Hill Capital Partners.
December 27, 2023
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Nisshinbo Holdings Inc. (TSE:3105) and Nisshinbo Singapore Pte. Ltd. agreed to acquire HVJ Holdings Co., Ltd. from Japan Industrial Investment Fund IV, managed by Japan Industrial Partners, Inc., Shepherds Hill Fund II, L.P., Manaslu Fund II, L.P. and Sonora Fund II, L.P. managed by Shepherds Hill Capital Partners for ¥19.2 billion on May 31, 2023. The transaction is expected to close by July 31, 2023. As of July 28, 2023, The transaction is expected to close Promptly upon receipt of a notice from the Japan Fair Trade Commission that a cease and desist order will not be issued, and upon completion of preparations. Hideo Horikoshi and Takashi Michishita of Nishimura & Asahi acted as legal advisor to Nisshinbo Holdings Inc. (TSE:3105).
Nisshinbo Holdings Inc. (TSE:3105) and Nisshinbo Singapore Pte. Ltd. completed the acquisition of HVJ Holdings Co., Ltd. from Japan Industrial Investment Fund IV, managed by Japan Industrial Partners, Inc., Shepherds Hill Fund II, L.P., Manaslu Fund II, L.P. and Sonora Fund II, L.P. managed by Shepherds Hill Capital Partners on December 27, 2023.
Nisshinbo Holdings Inc is a Japan-based company engaged in the wireless and communications, microdevices, brakes and other businesses. The Company has seven business segments. The Wireless and Communication segment is involved in the manufacture and sale of wireless communication equipment. The Microdevice segment is involved in the manufacture and sale of electronic components. The Brake segment is engaged in the manufacture and sale of friction materials for automobile brakes. The Precision Equipment segment is engaged in the manufacture and sale of mechatronics products and plastic molded products. The Chemicals segment is engaged in the manufacture and sale of rigid urethane foams, carbon products and others. The Textile segment is engaged in the manufacture and sale of cotton yarns, spandex products and clothing. The Real Estate segment is engaged in the leasing and sale of real estate. The Company also sells food and industrial materials and provides telemedicine services.
Nisshinbo Holdings Inc. and Nisshinbo Singapore Pte. Ltd. completed the acquisition of HVJ Holdings Co., Ltd. from Japan Industrial Investment Fund IV, managed by Japan Industrial Partners, Inc., Shepherds Hill Fund II, L.P., Manaslu Fund II, L.P. and Sonora Fund II, L.P. managed by Shepherds Hill Capital Partners.