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Japanese Enterprises In Europe

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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…

Fujikura to close AFL Telecommunications Europe in UK

This post is also available in: JapaneseIt has just been disclosed in their latest annual report that AFL Telecommunications Europe will close. The company manufactured and distributed fibre optic cables in Swindon, UK, employing nearly 100 people. AFL Telecommunications was acquired from Alcoa by America Fujikura in 2005. The decision to close was made in…

Mitsubishi Materials to acquire German tungsten powder producer H.C. Starck

This post is also available in: JapaneseMitsubishi Materials is to acquire Germany tungsten powder producer H.C. Starck Holdings from its current owner, Vietnamese conglomerate Masan for $134m. Tungsten is used in carbide tools for making auto engine and aircraft components and is already a product line for Mitsubishi Materials in the USA and China. It…

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