ORIX announced that it will acquire all shares of 泰平商事, a specialist construction equipment trading company, with the aim of expanding its leasing business. The purchase price was not disclosed, and the acquisition is expected to close in October following regulatory filings.
ORIX aims to expand its construction equipment leasing business by acquiring all shares of 泰平商事. The purchase price was not disclosed, and the acquisition is expected to close in October following filings with the relevant authorities.
Established in 1968, 泰平商事 is a specialist construction equipment trading company that handles everything from procuring mobile cranes to their sale, rental and disposal. It also focuses on overseas expansion, with overseas sales accounting for approximately 40% of its sales in FY2025.
ORIX plans to expand its leasing business by leveraging 泰平商事's expertise in asset valuation and trading, and is also considering using funding from external investors. Its plans also include developing an asset management business in the construction equipment sector.
Through the acquisition, ORIX aims to expand its construction equipment leasing business by combining its overseas experience with expertise in asset valuation.