Takashima & Co (TYO:8007) is acquiring all outstanding shares of Sanwa Holdings for an undisclosed price, making it a consolidated subsidiary to strengthen its business portfolio, according to its Thursday filing.
This acquisition aligns with Takashima's medium-term management plan, which aims for strategic investments, including M&A, totaling 15 billion yen by 2026.
Sanwa HD brings a strong track record in solar power generation systems, with a nationwide network and expertise in site acquisition to maintenance services.
Integrating Sanwa HD is expected to enhance Takashima's renewable energy capabilities and support sustainable growth towards a carbon-neutral future by 2050.
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