IMAP is pleased to announce that SANKI SHOJI CO.,LTD. has acquired the entire share capital of Memo’s Co., Ltd. Terms of the transaction were not disclosed.
SANKI SHOJI imports, distributes and runs retail operations for fashion goods, primarily from Italy and other European countries. It has an annual turnover of over $80 million and manages some 30 global fashion retails brands in Japan, including Old England and Hydrogen.
Memo’s imports Italian wine, pasta, olive oil and fashion clothing. The owner was looking to retire but did not want to sell to direct competitors.
IMAP Japan (Pinnacle) acted as exclusive financial advisor to SANKI SHOJI throughout the acquisition process. The team suggested the target to SANKI SHOJI, proposing the company use its experience in Italian goods and diversify its operations into the Italian food business, where Memo’s is strong. Pinnacle also helped Memo’s owner understand the benefits of his company operating as part of the SANKI SHOJI group.
Hydroscand Group AB has acquired 100% of the shares in Anderstorp Hydraulik AB, one of Sweden's leading companies in hydraulic systems and maintenance. The company has a turnover of approximately SEK 75 million, with good profitability. Its head office is in Anderstorp, Sweden.
Regio-Glasvezel, is engaged in the design, construction, management, and operation of open-access fiber optic networks for business parks and collective buildings
ALERE Advisors is an asset management and advisory firm, affiliated to INICIA, located in the Dominican Republic
