Acquisition History / Idemitsu Kosan Co., Ltd. / Agro-Kanesho Co., Ltd.
Idemitsu Kosan Co., Ltd. Acquires Agro-Kanesho Co., Ltd.
Announced November 13, 2024 — $141.8M
What happened
Idemitsu Kosan tendered for Tokyo Standard-listed agrochemical maker Agro-Kanesho from 13 November 2024, aiming to make it a wholly owned subsidiary. Agro-Kanesho backed the offer, which completed on 25 December 2024 with Idemitsu holding 91.91%. Consideration paid was JPY 21.157bn.
- Acquirer
- Idemitsu Kosan Co., Ltd.
- Target
- Agro-Kanesho Co., Ltd.
- Announced
- November 13, 2024
- Price
- $141.8M
- Industry
- Agrochemicals
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Idemitsu Kosan Co., Ltd. acquire Agro-Kanesho Co., Ltd.?
Idemitsu Kosan Co., Ltd. acquired Agro-Kanesho Co., Ltd. on November 13, 2024. This was Idemitsu Kosan Co., Ltd.'s 1st publicly tracked acquisition out of 1 we have on record.
How much did Idemitsu Kosan Co., Ltd. pay for Agro-Kanesho Co., Ltd.?
Idemitsu Kosan Co., Ltd. paid $141.8M for Agro-Kanesho Co., Ltd..
What does Agro-Kanesho Co., Ltd. do?
Idemitsu Kosan tendered for Tokyo Standard-listed agrochemical maker Agro-Kanesho from 13 November 2024, aiming to make it a wholly owned subsidiary. Agro-Kanesho backed the offer, which completed on 25 December 2024 with Idemitsu holding 91.91%. Consideration paid was JPY 21.157bn.
What other Agrochemicals companies has Idemitsu Kosan Co., Ltd. acquired?
Agro-Kanesho Co., Ltd. is Idemitsu Kosan Co., Ltd.'s only publicly tracked acquisition in Agrochemicals so far.
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