Taisei Oncho Co., Ltd. agreed to acquire Horizon 5 Co., Ltd. from New Horizon Fund 3, a fund managed by New Horizon Capital Co., Ltd.
April 20, 2023
Share
Taisei Oncho Co., Ltd. (TSE:1904) agreed to acquire Horizon 5 Co., Ltd. from New Horizon Fund 3, a fund managed by New Horizon Capital Co., Ltd on April 20, 2023. The planned share transfer execution date is May 8, 2023.
TAISEI ONCHO CO., LTD. is a Japan-based company mainly engaged in the equipment construction business. The Company operates in six regional segments. The equipment construction business is engaged in the design, manufacture and contracted construction of air conditioners, plumbing and sanitation equipment, constant temperature and humidity equipment, dehumidifiers, heat exchange systems, freezing and refrigeration equipment. The real estate rental business is engaged in the leasing of land and buildings for commercial use and residential use. The others business is engaged in the sale of air conditioners and others, as well as the solar power generation business. The Company operates within the domestic market and to overseas markets, including USA, China, India, Philippines and Australia. The Company also operates in Vietnam.