HORIBA to acquire UAE company, stepping up analysis and measurement instruments business in Middle East

HORIBA, Ltd. will acquire a UAE company that serves as its distributor in the Middle East, expanding its sales network for analysis and measurement instruments. The acquisition is valued at several hundred million yen and is expected to close in July.

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The story

As part of its strategy to strengthen its position in the Middle East market, HORIBA, Ltd. will acquire a company in the United Arab Emirates. The target serves as HORIBA's distributor, and the acquisition is intended to strengthen its local sales network.

The acquisition is valued at several hundred million yen and is expected to close in July. The company also expects to advance preparations for its business operations in the Middle East.

At a glance

Acquired companyUAE company serving as HORIBA, Ltd.'s distributor

AmountSeveral hundred million yen

Expected completionAcquisition expected to close in July

RegionMiddle East market (Middle East)

BusinessWater quality and liquid analysis instruments business transferred through a company split

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The Nikkan Kogyo ShimbunNews

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