Making CATERHAM CARS GROUP LIMITED a subsidiary
First written in FY2022-Q1. 2 of 4 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2024-Q3.
No other company in this theme has enough history to compare yet.
- FY2024-Q3AdvancedAnnual report
「CATERHAM CARS LIMITED Dartford plant (Dartford, UK) Automotive sales-related business Office Plant £4,500 thousand £2,476 thousand Bank borrowings October 2023 March 2024」
For CATERHAM CARS LIMITED, a plan to develop an office and plant at its Dartford facility in the UK was newly disclosed. Total planned investment is £4.5 million, with completion scheduled for March 2024. - FY2024-Q1AdvancedAnnual report
「From the first quarter of the fiscal year, CATERHAM EVO LIMITED and CICLOS DOMINGO, S.L. newly became consolidated subsidiaries.」
In relation to CATERHAM, CATERHAM EVO LIMITED became a newly consolidated subsidiary from the first quarter of the current fiscal year. - FY2022-Q2RestatedAnnual report
「At a Board of Directors meeting held on 19 March 2021, the Company resolved to acquire 100% of the issued shares of CATERHAM CARS GROUP LIMITED, a UK automobile manufacturer (hereinafter, "CCG"), and made CCG and its 2 subsidiaries consolidated subsidiaries on 1 April 2021.」
The acquisition of 100% of the CATERHAM group and its conversion into subsidiaries was reconfirmed in the business combination note. - FY2022-Q1AchievedAnnual report
「By a resolution of its Board of Directors dated 19 March 2021, the Company decided to acquire 100% of the issued shares of CATERHAM CARS GROUP LIMITED, a UK automobile manufacturer (hereinafter, "CCG"), and made CCG and its 2 subsidiaries consolidated subsidiaries on 1 April 2021. The principal reasons for the business combination were to improve the CATERHAM group's earnings structure by leveraging the operational expertise and manpower of the Company's group, establish a further cooperative framework for the importer business, and expand the Company's group businesses.」
The Company acquired 100% of the holding company of the CATERHAM group, which produces the British sports car Super Seven, and made it a subsidiary on 1 April 2021. The consideration paid was ¥845 million. The objectives were to improve the earnings structure by utilizing operational expertise and personnel, establish a cooperative framework for the importer business, and expand the group's businesses.