Heiwa to acquire Accordia Golf for JPY512bn.

Synopsis

Heiwa, a privately owned Japanese manufacturer of pachinko and pachislot machines, agreed to acquire Accordia Golf, a golf course management company, for JPY512bn. With the transaction, Heiwa looks to bolster its golf business to supplement its volatile pachinko and pachislot machine business.

Principals

target

Accordia Golf

bidder

Heiwa Corporation

Show Details & Financials

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Market Context