Announced
Completed
Synopsis
Marubeni, a trading company, completed investment in LGM, an automotive partner for Finance & Insurance. Financial terms are not disclosed. This investment is an entry into the Canadian extended warranty market, which is expected to grow, and by combining Marubeni's knowledge and experience in the automotive aftermarket business with LGM's advanced technology, Marubeni aims to provide services with higher added value. Marubeni will continue to expand its value chain throughout the entire automobile life cycle, from sale to disposal, with the aim of enhancing its corporate value.
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