Anest Iwata (6381) · InitiativeCited as achieved
Strengthening the Coating Equipment Business Platform through the Acquisition of HARDER & STEENBECK
First written in FY2017-Q3. 2 of 4 entries say "Cited as achieved", first in FY2018-Q1. Latest entry: FY2018-Q2.
4entries
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Strengthening the European painting equipment business base through the acquisition of HARDER & STEENBECKA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
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- FY2018-Q2Cited as achievedAnnual report
「The increase in Europe was mainly attributable to the acquisition of a German manufacturing company.」
The acquisition of the German manufacturing company was cited as a factor behind increased European production, based on past results. - FY2018-Q1Cited as achievedAnnual report
「The increase in Europe was mainly attributable to the acquisition of a German manufacturing company.」
The acquisition of the German manufacturing company was cited as a factor behind increased European production, based on past results. - FY2017AchievedAnnual report
「Effective date of the acquisition of the equity interests: 1 January 2017」
The acquisition of the equity interests in HARDER & STEENBECK took effect on 1 January 2017, completing its conversion into a consolidated subsidiary with a 100% interest. - FY2017-Q3First statedAnnual report
「At a Board of Directors meeting held on 9 December 2016, the company resolved that its German consolidated subsidiary, ANEST IWATA Deutschland GmbH, would acquire all equity interests in HARDER & STEENBECK GmbH & Co.KG and make it a subsidiary.」
The company acquired a 100% interest in a coating equipment manufacturer and distributor for €4.033 million, with the acquisition taking effect on 1 January 2017. The purpose of the acquisition was to strengthen the coating equipment business platform.