Itochu Corporation to acquire 27% stake in Aichi Corporation from Toyota Industries.

Synopsis

Itochu Corporation, a general trading company, agreed to acquire 27% stake in Aichi Corporation, a manufacturer of truck-mounted aerial work platforms in Japan, from Toyota Industries, a auto parts manufacturer. Financial terms were not disclosed.

Principals

target

Aichi Corporation

bidder

Itochu Corporation

Show Details & Financials

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Market Context

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Seller Team (1)

toshiya yamagishi

President and CEO at AICHI CORPORATION

Manager

target

Deal

n/a

Total Value

Bidder Team (1)

keita ishii

Representative Director, President and COO at ITOCHU CORPORATION

Manager

bidder

Deals

£ 460 M

Total Value

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