Sakai Heavy Industries, Ltd. acquired PT Isogai Technical Global Supply.
October 13, 2017
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Sakai Heavy Industries, Ltd. (TSE:6358) acquired PT Isogai Technical Global Supply on September 26, 2017. Sakai Heavy Industries, Ltd. acquired 2,000 shares of PT Isogai Technical Global Supply. As a result of the transaction, name of PT Isogai Technical Global Supply was changed to PT Sakai Sales And Services Asia and its address was also changed. As a part of the transaction, Sumio Saruwatari became President and representative director of PT Isogai Technical Global Supply.
Sakai Heavy Industries, Ltd. (TSE:6358) completed the acquisition of PT Isogai Technical Global Supply on September 26, 2017.
SAKAI HEAVY INDUSTRIES, LTD. is a Japan-based company mainly engaged in the manufacture and sale of road paving equipment, as well as road maintenance and repair equipment. The Company is mainly engaged in the design, manufacture, sale and repair of construction equipment, industrial machinery and related parts, the purchase and sale of used construction equipment, as well as the design, construction, supervision and contracting of road pavement and repair work. The Company is engaged in the production of vibratory single drum rollers, vibratory tandem rollers, static pneumatic tired rollers, vibratory combined rollers, vibratory three wheel rollers, rammers, plate compactors, walk behind rollers and other road paving equipment, as well as road planers, asphalt pavers, road cleaners, water sprinklers and other road maintenance and repair equipment. The Company distributes its products within the domestic market and to overseas markets, including the American, Indonesia, and China.