April 16, 2010

Mitsui Principal Buys Maker of Electric Water Heater

Mitsui & Co., Principal Investments Ltd. announced that it will purchase a 50.1% interest in Nihon Itomic Co., a top manufacturer of industrial-use electric water heaters, from its founding family. Mitsui will assign directors to help jump-start Nihon Itomic's overseas sales.

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