Announced
Completed
Synopsis
Green Tec, the largest automotive quality assurance provider in Japan, and Sojitz, engaged in a wide range of businesses globally, including buying, importing goods, manufacturing and selling products, providing services, and planning and coordinating projects company, have acquired Stratosphere Quality. Sojitz has acquired 65% and Green Tec 35% of the company. Financial terms were not disclosed. “This is an exciting day for Stratosphere Quality. This acquisition provides an even greater opportunity to support the global supply chain with industry-leading services. The Sojitz and Green Tec acquisition provides incredibly strong financial backing along with an immediately increased base in the automotive industry. We anticipate a seamless transition given our shared goals and commitment to best practices in the quality services industry." Steve Cage Stratosphere Quality Founder and Chairman.
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