Tess Holdings Co.,Ltd. completed the acquisition of Imari Green Power Co., Ltd from Healthya Co., Ltd.
September 14, 2021
Share
Tess Holdings Co.,Ltd. (TSE:5074) agreed to acquire Imari Green Power Co., Ltd from Healthya Co., Ltd. for ¥1.8 billion on September 13, 2021. Imari Green Power Co. reported total revenues of ¥1 million. total asset of ¥1.3 billion, EBIT of ¥29 million, net income of ¥59 million and total common equity of ¥268 million for the year ending December 31, 2021. The impact of the Share Acquisition on the consolidated financial results for the fiscal year ending June 2022 will be minor. The deal is expected to be completed by September 14, 2021.
Tess Holdings Co.,Ltd. (TSE:5074) completed the acquisition of Imari Green Power Co., Ltd from Healthya Co., Ltd. on September 14, 2021
Tess Holdings Co Ltd mainly provides customers with one-stop solutions in the energy sector. The Company operates in two business segments. The Engineering segment is engaged in the engineering, procurement, and construction (EPC) of energy plants and utility equipment, and has two main business areas, including energy conservation and renewable energy. The Energy Supply segment is engaged in operation and maintenance (O&M), ownership, operation and sale of renewable energy power plants, as well as the retail supply of electricity and others.