Japan Cash Machine Co. Ltd. completed the acquisition of iClear system products and notes conveyance machinery products business from Silver Denken Co., Ltd.
September 31, 2016
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Japan Cash Machine Co. Ltd. (TSE:6418) agreed to acquire iClear system products and notes conveyance machinery products business from Silver Denken Co., Ltd for ¥1 million in cash on March 30, 2016. The transaction is expected to close on July 1, 2016. The transaction is postponed as of June 30, 2016 and new expected closing date is yet to be decided. As announced on August 17, 2016, the expected closing date of the transaction is September 1, 2016. As on June 30, 2016, Japan Cash Machine Co. Ltd. announced that the deal shall be postponed.
Japan Cash Machine Co. Ltd. (TSE:6418) completed the acquisition of iClear system products and notes conveyance machinery products business from Silver Denken Co., Ltd on September 1, 2016.
JAPAN CASH MACHINE CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of cash related equipment. The Company operates through four business segments. The Global Gaming segment is mainly engaged in the manufacture and sale of banknote validators and banknote circulation units for casino halls and original equipment manufacturer (OEM) customers, as well as printer products for gaming. The Overseas Commercial segment is mainly engaged in the manufacture and sale of banknote validators and banknote circulation units for overseas banking, retail and transportation markets. The Domestic Commercial segment is mainly engaged in the manufacture and sale of banknote circulation units, change equipment and currency exchange equipment for domestic banking, retail and transportation markets. The Amusement Equipment segment is mainly engaged in the manufacture and sale of ball lending equipment, medal lending equipment and other related equipment.
Japan Cash Machine Co. Ltd. completed the acquisition of iClear system products and notes conveyance machinery products business from Silver Denken Co., Ltd.