Comsys Holdings has acquired Kando Co., Ltd. for approximately 16.04 billion yen to strengthen its capabilities in urban gas and water infrastructure construction.

Target Information

Comsys Holdings has announced the acquisition of Kando Co., Ltd. (Tokyo), specializing in gas pipeline facilities and water sanitation construction, through a stock exchange effective July 1, 2017. The acquisition is valued at approximately 16.04 billion yen. Kando Co., Ltd. recorded a revenue of 35.82 billion yen and has established a strong track record in urban gas infrastructure construction.

By integrating Kando into its portfolio as a wholly-owned subsidiary, Comsys Holdings aims to leverage Kando's expertise and resources to enhance its service offerings in various infrastructure sectors.

Industry Overview

The infrastructure construction industry in Japan, particularly in urban gas and water management, has seen significant growth due to increasing demands for modernization and safety in pub

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Disclosed details

Transaction Size: $141M

Revenue: $3M

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