Acquisition History / Shimizu Corporation / Nippon Road Co., Ltd.
Shimizu Corporation Acquires Nippon Road Co., Ltd.
Announced May 15, 2025 — $283.6M
What happened
General contractor Shimizu tendered for Tokyo Prime-listed road construction company Nippon Road from 15 May 2025 with the aim of making it a wholly owned subsidiary. Nippon Road supported the bid and the offer completed on 26 June 2025. Consideration was JPY 42.328bn.
- Acquirer
- Shimizu Corporation
- Target
- Nippon Road Co., Ltd.
- Announced
- May 15, 2025
- Price
- $283.6M
- Industry
- Road paving and civil engineering
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Shimizu Corporation acquire Nippon Road Co., Ltd.?
Shimizu Corporation acquired Nippon Road Co., Ltd. on May 15, 2025. This was Shimizu Corporation's 1st publicly tracked acquisition out of 1 we have on record.
How much did Shimizu Corporation pay for Nippon Road Co., Ltd.?
Shimizu Corporation paid $283.6M for Nippon Road Co., Ltd..
What does Nippon Road Co., Ltd. do?
General contractor Shimizu tendered for Tokyo Prime-listed road construction company Nippon Road from 15 May 2025 with the aim of making it a wholly owned subsidiary. Nippon Road supported the bid and the offer completed on 26 June 2025. Consideration was JPY 42.328bn.
What other Road paving and civil engineering companies has Shimizu Corporation acquired?
Nippon Road Co., Ltd. is Shimizu Corporation's only publicly tracked acquisition in Road paving and civil engineering so far.