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Erimo Wind Power Generation Research Institute &
Japan Wind Development Co Ltd
Update Date: 12/09/08
Date Announced: 11/26/08
Value (million $USD): n/a
Status: Pending
TRANSACTION DETAILS
Date Announced11/26/08
Date Originally Announced11/26/08
FormatAcq. Maj. Int.Acquisition techniquesDivestiture
AttitudeFriendlyAgencyn/a
Valuen/aAdvisor Feesn/a
SYNOPSIS
JAPAN - Japan Wind Development Co Ltd agreed to acquire an 95% interest in Erimo Wind Power Generation Research Institute, a provider of wind power generation services, from Sojitz Corp.
TARGET
NameErimo Wind Power Generation Research Institute
Industriesn/a
CityHokkaido
Staten/a
NationJapan
Incorporated inn/a
Public StatusSubsidiary
Business DescriptionErimo Wind Power Generation Research Institute's main activity is to provide wind power generation services. The company is headquartered in Hokkaido Prefecture and was founded in 1996.
AdvisorsNULL
Target Sales0.2 million U.S. Dollar
24.0 million Japanese Yen
ACQUIROR
NameJapan Wind Development Co Ltd (Mothers : 2766)
Industriesn/a
CityTokyo
Staten/a
NationJapan
Incorporated inn/a
Public StatusPublic
Business DescriptionJapan Wind Development Co Ltd's principal activities are to sell and import wind electric power, wind power generators and other related products. The Group is also involved in designing electric power stations and providing maintenance and repair service for facilities of electric power stations. The operations are carried out through the following divisions: Wind Power Generators and Wind Electric Power Sales.
AdvisorsNULL
Acquiror Sales47.3 million U.S. Dollar
5.02 billion Japanese Yen
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