Nihon Kogyo Co., Ltd. signed a basic agreement to acquire concrete secondary product manufacturing and sales business from Shin Ibachu, K.K.
August 20, 2020
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Nihon Kogyo Co., Ltd. (JASDAQ:5279) signed a basic agreement to acquire concrete secondary product manufacturing and sales business from Shin Ibachu, K.K. on August 21, 2020. The transaction is expected to close in April 2022.
NIHON KOGYO CO., LTD. is a Japan-based company mainly engaged in the manufacturing, sales, transportation and construction contracting of secondary concrete products. The Company operates in three segments. The Civil Engineering Materials segment is engaged in production and sales of underdrain products such as box culverts and heavy-pressure pipes used on social infrastructure development, retaining walls, side grooves, river and seawall products etc. The Landscape Materials segment is engaged in production and sales of pavement materials, curbstones and staircase blocks, forged trees and false stone products etc. provided for public facilities such as sidewalks and parks. The Exterior segment is engaged in production and sales of garden related products, decorative blocks and external housing components such as gate columns for private housing.
NIHON KOGYO CO., LTD. 
