NISSO PRONITY Co., Ltd. agreed to acquire an unknown majority stake stake in Nittai-Kogyo Co.,Ltd. and 100% stake in Home Tech Inc. for Ã1.8 billion.
August 30, 2022
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NISSO PRONITY Co., Ltd. (TSE:3440) agreed to acquire an unknown majority stake in Nittai-Kogyo Co.,Ltd. and 100% stake in Home Tech Inc. for Ã1.8 billion on August 30, 2022.
NISSO PRONITY Co.,Ltd. is a Japan-based company mainly engaged in operation of metal processing business, rubber processing business and construction business. The Company operates in three business segments. The Metal Processing segment engages in planning, design, processing and sale of solar cell array support stands, metal panels and other metal processed products. The Rubber Processing segment engages in planning, design, processing and sale of rubber products used for housing, machinery and public infrastructure equipment. The Construction segment engages in construction projects associated with the above projects.
NISSO PRONITY Co., Ltd. agreed to acquire an unknown majority stake stake in Nittai-Kogyo Co.,Ltd. and 100% stake in Home Tech Inc. for Ñ1.8 billion.