Joint Procurement and Sales Channel Expansion Through Equity Investment in European LLG
First written in FY2018. 1 of 2 entries say "Advanced", first in FY2019. Latest entry: FY2019.
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- FY2019AdvancedAnnual report
「In Europe, the company has formed a capital alliance with LLG*, which conducts joint purchasing. In addition to improving the efficiency of procuring European scientific products, the company aims to expand exports to Europe by having Japanese products listed in LLG's catalog and strengthening cooperation with more than 30 member companies across Europe.」
The capital alliance with LLG is being expanded beyond joint procurement to include listing Japanese products in its catalog, cooperation with more than 30 member companies and increased exports to Europe. - FY2018First statedAnnual report
「In June 2017, the company acquired an equity interest in LLG, a European cooperative wholesale association for scientific instruments composed of distributors in European countries. This strengthened its procurement capabilities for European scientific instruments and enabled LLG to be used as a distribution channel into Europe.」
The equity investment in LLG, a European cooperative wholesale association for scientific instruments, strengthened procurement capabilities for European products and distribution channels into Europe.