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New Deal


Announced

Completed

NSSK completed the acquisition of a majority stake in KANTEC.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Domestic

Private

Single Bidder

Japan

solar power

Renewable Energy Equipment

Acquisition

Private Equity

Completed

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Synopsis

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Nippon Sangyo Suishin Kiko, a private equity firm, completed the acquisition of a majority stake in KANTEC, an operator of industrial solar power generation construction sales company. Financial terms were not disclosed. NSSK will support the planning and implementation of business improvement measures such as expanding the number of clients with the aim of achieving further sales growth, and assist in the introduction of business management methods, which includes the establishment of KPIs, strengthening of governance and compliance systems, enhancing labor management systems, disseminating corporate philosophy, and promoting ESG activities.

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