Sakura Kcs Corp. completed the acquisition of C.A.T. Co., Ltd.
April 08, 2013 at 05:00 am
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Sakura Kcs Corp. (OSE:4761) agreed to acquire CAT Co., Ltd. on March 27, 2013. Sakura Kcs Corp. will acquire 1,646 shares of CAT Co., Ltd. Sakura Kcs Corp. will operate CAT Co., Ltd as its wholly owned subsidiary. CAT Co., Ltd reported total assets of ¥240.52 million and shareholders' equity of ¥160.36 million as of March 31, 2012. The transaction is expected to complete on April 8, 2013.
Sakura Kcs Corp. (OSE:4761) completed the acquisition of CAT Co., Ltd. on April 8, 2013.
SAKURA KCS Corporation is mainly engaged in the provision of information services and the sale of system equipment. The Company operates in three business segments, including Financial-related segment, Public-related segment and Industrial-related segment, which focus on financial institutions, local public authorities and general corporations, respectively. The Company involves in the customized development of application software, the development and sale of packaged software, the operation of system consulting business, the contracted calculation processing, the provision of application service provider (ASP) services, computer center management and operation services, business support services for financial institutions, data inputting services, housing services and hosting services, and computer maintenance services. The Company also involves in the maintenance of computers, the sale of various supplies, and the sale of various computers and other devices.