Strengthening the European Industrial Steel Chain Business through the Acquisition of EUROCATENA
First written in FY2025. 1 of 2 entries say "Advanced", first in FY2026-H1. Latest entry: FY2026-H1.
No other company in this theme has enough history to compare yet.
- FY2026-H1AdvancedAnnual report
「During the current interim consolidated accounting period, Karl Jungbluth Kettenfabrik GmbH & Co. KG and Karl Jungbluth GmbH were excluded from the scope of consolidation because they ceased to exist following an absorption-type merger in which Tsubaki Jungbluth GmbH, a consolidated subsidiary of the Company, formerly named EUROCATENA GmbH, was the surviving company.」
Following the acquisition of EUROCATENA, an organizational integration was carried out under which the 2 Karl Jungbluth-related companies were absorbed into Tsubaki Jungbluth GmbH, advancing the integration of the European chain business. - FY2025First statedAnnual report
「As TSUBAKIMOTO EUROPE B.V., a consolidated subsidiary of the company, acquired EUROCATENA GmbH, EUROCATENA GmbH and its subsidiaries Karl Jungbluth Kettenfabrik GmbH & Co. KG and Karl Jungbluth GmbH have been included in the scope of consolidation.」
On 2 January 2025, the company acquired 100% of the voting rights in EUROCATENA GmbH to strengthen the manufacture and sale of industrial steel chains in Europe. The acquisition cost was ¥1,003 million, goodwill was ¥684 million, and the goodwill is being amortized on a straight-line basis over 10 years.