Yamashita Health Care Holdings,Inc. agreed to acquire 32% stake in E-Delight from EPARK, Inc. for ?17 million.
October 14, 2021
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Yamashita Health Care Holdings,Inc. agreed to acquire 32% stake in E-Delight from (TSE:9265) EPARK, Inc. for ?17 million on October 15, 2021. The transaction also includes acquisition of shares of Edelite from EPARK, Inc. Prior to transaction, E-Delight is held by EPARK, Inc. (66%) and Yamashita Medical Instruments Co., Ltd. (34%). Post transaction, E-Delight is held by EPARK, Inc. (34%) and Yamashita Medical Instruments Co., Ltd. (34%) and Yamashita Health Care Holdings (34%). The transaction is expected to complete on November 15, 2021.
YAMASHITA HEALTH CARE HOLDINGS,INC. is a Japan-based company mainly engaged in the sale of medical equipment. The Company operates through three business segments. The Medical Equipment Sales segment is engaged in the provision of general equipment, general medical consumables, endoscopes used in minimally invasive treatments, blood analyzers used in specialized fields, as well as medical equipment maintenance services and medical waste collection and transportation business. Medical Device Manufacture and Sale segment is engaged in the provision of implantable bone materials and other orthopedic implants products. The Medical Mall segment is engaged in the equipment leasing business and facilities management and operation business for medical clinics, dispensing pharmacies, day service facilities, fitness clubs and other health related facilities in Fukuyama, Hiroshima Prefecture. The Company also develops medical communication network business.