May 09, 2011

J-STAR To Acquire Machinery-Parts Maker

J-STAR Co. Ltd., a Tokyo-based independent buyout firm, announced that it acquired a majority share holding in Taiheiyo Seiki K.K., a leading manufacturer of construction machinery parts, through Pacific Precision Holding K.K., an investment firm set up by J-STAR. Taiheiyo is proud of its 14 billion yen in consolidated sales from Japan and China as of March 2011. With J-STAR, Taiheiyo plans to expand into other emerging markets such as India and to develop business for other related parts.

2 comments:

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