KWS K.K. cancelled the acquisition of Iga Warehouse from Kawasaki & Co., Ltd..
July 16, 2014 at 05:00 am
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KWS K.K. agreed to acquire Iga Warehouse from Kawasaki & Co., Ltd. (TSE:3045) for approximately ¥320 million on July 16, 2013. The transaction has been resolved by Board of Directors of Kawasaki & Co., Ltd. The agreement signing and transfer of the Iga Warehouse is expected on July 16, 2013.
KWS K.K. cancelled the acquisition of Iga Warehouse from Kawasaki & Co., Ltd. (TSE:3045) on July 16, 2014.
Kawasaki & Co., Ltd. is a Japan-based company mainly engaged in the apparel business, and the leasing and warehousing business. The Company operates in two business segments. The Apparel segment is engaged in the provision of women paraphernalia products which are made from chenille textile materials, as well as imported handkerchiefs and towels, home interiors, bags, clothing, apparels, bath and toiletry products. The products are outsourced production in Japan, Germany, China, Taiwan, Philippines and Indonesia, and sold in Japan through retail stores, specialty stores, department stores and others. The Leasing and Warehouse segment is engaged in the leasing of real estate such as distribution warehouses, the storage and handling of products, as well as the solar power generation business.