Sintokogio,Ltd. completed the acquisition of Elastikos S.A.S from Gso European Senior Debt Fund S.à r.l., Gso Aiguille Des Grands Montets Esdf I S.à R.l. Gso Cof Iii Co-Investment Fund S.À R.L. and others.
April 04, 2024
Share
Sintokogio,Ltd. (TSE:6339) agreed to acquire Elastikos (France) S.A.S from Gso European Senior Debt Fund (luxembourg) S.à r.l., Gso Aiguille Des Grands Montets Esdf I (Luxembourg) S.à R.l. Gso Cof Iii Co-Investment Fund (Luxembourg) S.À R.L. and others for approximately ?260 million on August 11, 2023. Sintokogio,Ltd. will acquire 130.37 million shares from three funds operated by Blackstone Inc. and other corporate and individual shareholders. Elastikos reported revenue of ?369.7 million, total assets of ?350.7 million, net assets of ?138.8 million, operating income of ?21.8 million, net income of ?8.5 million, and EBITDA of ?38.1 million in 2022. Execution date of the share transfer Until around the end of May 2024.
Sintokogio,Ltd. (TSE:6339) completed the acquisition of Elastikos (France) S.A.S from Gso European Senior Debt Fund (luxembourg) S.à r.l., Gso Aiguille Des Grands Montets Esdf I (Luxembourg) S.à R.l. Gso Cof Iii Co-Investment Fund (Luxembourg) S.À R.L. and others on April 4, 2024.
Sintokogio,Ltd. is a company mainly engaged in manufacture and sale of casting, surface treatment, environment, carrier, special machine business, and other equipment and components. The Company operates in five business segments. The Casting segment offers molding machines, casting sand processing devices, granular processing equipment and components. The Surface Treatment segment offers shot blasting machines, components of surface treatment equipment, as well as shot materials and abrasive materials. The Environment segment offers dust collectors, deodorization equipment, water processing equipment and other components. The Carrier segment offers lifting devices, conveyors and conveying system. The Special Equipment segment offers inspection and measurement devices, servo-cylinders, handling robot and ceramics products. The others engages in design of machinery, information-related business and welfare businesses.
Sintokogio,Ltd. completed the acquisition of Elastikos S.A.S from Gso European Senior Debt Fund S.à r.l., Gso Aiguille Des Grands Montets Esdf I S.à R.l. Gso Cof Iii Co-Investment Fund S.À R.L. and others.
SINTOKOGIO,LTD. 