Tazmo Co., Ltd. cancelled the acquisition of Facility Co.,Ltd. from Gebr. SCHMID GmbH, Protek Technology Limited, Kazuyuki Kishi and JAFCO Super V-3 Investment Limited Partnership, fund managed by JAFCO Co., Ltd. and other sellers.
March 28, 2018
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Tazmo Co., Ltd. (JASDAQ:6266) agreed to acquire Facility Co.,Ltd. from Gebr. SCHMID GmbH, Protek Technology Limited, Kazuyuki Kishi and JAFCO Super V-3 Investment Limited Partnership, fund managed by JAFCO Co., Ltd. (TSE:8595) and other sellers for approximately ¥780 million on March 1, 2017. Under the terms, 0.26 million shares will be acquired. The deal will be financed from loans. Post completion, Facility Co.,Ltd. will operate as a subsidiary of Tazmo Co., Ltd. For the year ended January 31, 2016, Facility Co.,Ltd. reported net assets of ¥0.7 million, total assets of ¥2.9 million, sales of ¥3.1 million, operating income of ¥0.07 million and net income of ¥0.06 million. The transaction is expected to close on April 5, 2017. An advisory cost of ¥36 million is also incurred in the deal.
Tazmo Co., Ltd. (JASDAQ:6266) cancelled the acquisition of Facility Co.,Ltd. from Gebr. SCHMID GmbH, Protek Technology Limited, Kazuyuki Kishi and JAFCO Super V-3 Investment Limited Partnership, fund managed by JAFCO Co., Ltd. (TSE:8595) and other sellers on March 1, 2018.
TAZMO CO.,LTD. is a Japan-based company mainly engaged in manufacturing and sale of liquid crystal manufacturing equipment, semiconductor-related equipment, precision molding dies and plastic moldings. The Company operates in two business segments. The Processing Equipment segment is engaged in the development, manufacture, sale and maintenance of electronic device manufacturing process equipment, such as liquid crystal display (LCD) processing machine, semiconductor processing machine and peripheral equipment. The Molding Dies and Plastic Moldings segment is engaged in the manufacturing and sales of precision molding dies and plastic moldings, including embossed carrier tapes and connectors for electronic equipment.
Tazmo Co., Ltd. cancelled the acquisition of Facility Co.,Ltd. from Gebr. SCHMID GmbH, Protek Technology Limited, Kazuyuki Kishi and JAFCO Super V-3 Investment Limited Partnership, fund managed by JAFCO Co., Ltd. and other sellers.
TAZMO CO., LTD. 
