Langroove Co., Ltd. has acquired the wholesale division of automotive parts from Euro Sportif to strengthen its service offerings and market position.

Target Information

Langroove Co., Ltd. (Ticker: 419A) has expanded its operations by acquiring the wholesale division of automotive parts from Euro Sportif, located in Osaka. This acquisition will significantly enhance Langroove's existing sales and maintenance sectors for imported vehicles, in particular strengthening its capability to provide auto parts. The targeted division reported sales of approximately 325 million yen for the fiscal year ending December 2024.

The acquisition price remains undisclosed, and the expected date for the transaction's completion is set for January 30, 2026. The transaction will be executed through a newly established subsidiary called Euro Stella, based in Kobe.

Industry Overview

The automotive parts industry in Japan has seen substantial growth, driven by the increasing demand for vehicle maintenance and the rising number of imported vehic

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Disclosed details

Revenue: $33M

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