Expanding sales of vehicle-mounted compressors through a capital alliance with E.M.S. CONCEPT SARL
First written in FY2020-Q2. 1 of 2 entries say "Advanced", first in FY2020-Q3. Latest entry: FY2020-Q3.
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- FY2020-Q3AdvancedAnnual report
「With 9 October 2019 as the contract closing date, we acquired a 14.8% interest in E.M.S. CONCEPT SARL, a French manufacturer of vehicle-mounted compressors, and entered into a capital alliance. We aim to further accelerate growth in the compressor business in Europe and regions adopting European standards by expanding our product lineup, strengthening our production structure and enhancing our ability to meet European standards.」
The capital alliance with E.M.S. CONCEPT SARL was made specific through the contract closing on 9 October 2019, the acquisition of a 14.8% interest, and the objectives of strengthening the product lineup, production structure and ability to meet European standards. - FY2020-Q2First statedAnnual report
「For compressor products, the Group entered into a capital alliance with E.M.S. CONCEPT SARL, a French compressor manufacturing and sales company, to further strengthen its sales expansion structure for vehicle-mounted compressor units as the shift toward oil-free compressors progresses.」
A capital alliance with a French compressor manufacturer and distributor was disclosed for the first time, with the aim of strengthening the sales expansion structure for vehicle-mounted compressor units as the shift toward oil-free compressors progresses.