Private Equity in Japan: Notice Concerning Sale of Equity Stake
Aug 08, 2018
byInvestment in Japan
Private Equity in Japan
TOKIO MARINE CAPITAL CO., LTD. (TMC) announced that it has reached an agreement with an intermediate holding company, which is established by Maxell Holdings, Ltd. (Maxell Holdings), to sell its stakes of Izumi Products Company (Izumi), a portfolio company of TMCAP2011 Limited Partnership managed by TMC and Mercuria Japan Industrial Growth Fund managed by Mercuria Investment Co., Ltd. After the transfer of stakes, Izumi is intended to be a consolidated subsidiary of Maxell Holdings.