Katsuragi Co.,Ltd. cancelled the acquisition of Autobacs Yamato, K.K.
January 31, 2015 at 04:00 am
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Katsuragi Co.,Ltd. signed an agreement to acquire Autobacs Yamato, K.K on January 31, 2014. Autobacs Yamato ownes Super AUTOBACS Yagi Store, AUTOBACS Yamato-Koriyama Store and AUTOBACS Nara dai-anji Store. Autobacs Yamato, K.K. will be dissolved pursuant to the deal. The transaction is expected to close by March 1, 2014.
Katsuragi Co.,Ltd. cancelled the acquisition of Autobacs Yamato, K.K on January 31, 2015.
Autobacs Seven Co Ltd is a Japan-based company primarily engaged in the retail and wholesale of automobile products, the purchase and sale of vehicles, the provision of vehicle inspection and maintenance services, as well as the loan credit business. The Company operates in four segments. The Domestic Autobacs segment is engaged in the wholesale of car products and the leasing of store facilities. The Overseas segment is engaged in the sales of car accessories, the provision of installation service and the maintenance of cars to general consumers. The Car, Dealers and B-to-B segment is engaged in the sales of imported cars, the purchase of used cars and the sales of the cars to second hand car dealers and others. The Others segment is engaged in the leasing business to domestic franchise chain affiliates.
AUTOBACS SEVEN CO., LTD. 
