Nitori to acquire Shimachu for $2bn.

DCM Holdings, a Japanese home improvement retailer, agreed to acquire Shimachu, a diversified retailer for $1.6bn. “Shimachu complements us well in terms of regions and operations and is very attractive,” Yasunori Ishiguro, DCM President. 29/10/2020: Nitori Holdings to acquire Shimachu for $2bn.