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Japanese Enterprises In Europe
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Hitachi to sell stake in US air conditioning company Johnson Controls to Bosch
This post is also available in: JapaneseHitachi has announced a further divestment of its non core businesses with the sale of its 40% stake in the joint venture it has with US company Johnson Controls to Bosch. Johnson Controls-Hitachi Air Conditioning has multiple operations in the EMEA region, including in Spain, UK, Bulgaria, France, Czech…
Yazaki acquires German JuHa Group
This post is also available in: JapaneseJapanese automotive parts supplier Yazaki has acquired the German mould maker Junker Halverscheid group via its Yazaki EMEA N.V. subsidiary. The family-owned company JuHa, is a manufacturer of tools and moulds for plastics processing as well as a producer of plastic parts for the automotive industry. It has around…
Sekisui House UK to go into liquidation
This post is also available in: JapaneseSekisui House UK, which was established in 2018, is to go into liquidation. The company had invested in Urban Splash House Holdings and also made a loan to one of the companies in the group, Port Loop. Seven of the companies in the Urban Splash group went into liquidation…
Kyokuyo acquires stakes in European seafood companies
This post is also available in: JapaneseTokyo-listed seafood company Kyokuyo has bought a majority interest in Northseafood Holland as part of its strategy to establish an overseas processing presence. Its Kyokuyo Europe subsidiary, also Netherlands based, will acquire a majority stake in NSF Holding, the parent company of NS Holland. Kyokuyo also took a majority…
Sumitomo Electric Industries to acquire majority of Germany’s Südkabel
This post is also available in: JapaneseSumitomo Electric will acquire 90% of the shares of Südkabel, a 120 year old cable manufacturer Mannheim, in order to fully localize the production and construction of high voltage direct current cable systems in Germany. The acquisition process is currently expected to be completed as of October 1st this…
Hitachi Energy to expand operations in Sweden
This post is also available in: JapaneseHitachi Energy has announced it will invest $4.5bn in its Swedish and Indian operations over the next three years. Hitachi Energy is the product of Hitachi’s acquisition in 2020 of ABB’s power grids business. ABB was itself the product of the merger of the Swiss Brown, Boveri & Cie…
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