Asuene acquired ScopeX, TBM’s CO2 emissions accounting business, with the aim of expanding its customer base in Japan. The purchase price was not disclosed, and ScopeX provides a service that visualizes emissions across the entire supply chain.
Asuene acquired ScopeX, TBM’s CO2 emissions accounting business. ScopeX is a service that visualizes emissions across a company’s entire supply chain and is used by dozens of companies, from listed corporations to mid-sized businesses. The purchase price was not disclosed.
TBM’s business portfolio is centered on the development of environmentally friendly materials, including carbon-recycled materials and high-performance recycled materials. The company has indicated that it intends to focus on its core businesses through the sale of this business.
Since 2024, Asuene has pursued a roll-up strategy of acquiring companies in the same industry, building an acquisition track record in Japan, the United States and the United Kingdom. This is the company’s ninth acquisition.
The transaction is expected to expand Asuene’s customer base in Japan, with attention turning to future customer acquisition and service expansion.