Announced
Completed
Financials
Sources
Tags
Majority
Domestic
Private
Single Bidder
Japan
solar power
Renewable Energy Equipment
Acquisition
Private Equity
Completed
Friendly
Synopsis
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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