Acquisition of Villa Effe’s Business and Renovation into a Fully Exclusive-Use House Wedding Venue
First written in FY2017-Q2. 2 of 4 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2019.
0 other companies' latest entry also says "Cited as achieved".
- FY2019Cited as achievedAnnual report
「July 2017 Acquired the bridal business Villa Effe from 株式会社ビーライン」
The acquisition of the Villa Effe business is recorded as a past event in the Company's corporate history. - FY2017AdvancedAnnual report
「The acquisition of the business was completed effective 1 July 2017.」
The acquisition of the Villa Effe business was completed on 1 July 2017. The renovation into a fully exclusive house wedding venue and business growth continue to be presented as plans. - FY2017-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 16 February 2017, the Company resolved to acquire the bridal business Villa Effe owned by 株式会社ビーライン and entered into a business transfer agreement with the company on 31 March 2017.」
Regarding the acquisition of the Villa Effe business, the Company entered into a business transfer agreement on 31 March 2017 following the Board of Directors' resolution. - FY2017-Q2First statedAnnual report
「We decided to acquire the bridal business Villa Effe owned by Beeline Co., Ltd. because we determined that doing so would leverage our business model, strengthen our operating base in Shizuoka Prefecture and improve operating efficiency. The facility had previously been operated primarily as a restaurant, but through this acquisition it will be renovated into a fully exclusive house wedding venue to promote further business growth and development.」
The Board of Directors resolved on 16 February 2017 to enter into a business transfer agreement, with the acquisition scheduled for 1 July 2017. The acquisition consideration is ¥305,000 thousand and acquisition-related expenses are ¥15,250 thousand. The plan is to renovate the facility, which had been operated primarily as a restaurant, into a fully exclusive house wedding venue, thereby strengthening the operating base in Shizuoka Prefecture and improving operating efficiency.