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The latest update is out from SERENDIP HOLDINGS Co. Ltd. ( (JP:7318) ).
SERENDIP HOLDINGS CO., LTD. has acquired all shares of SURTECKARIYA Co., Ltd., marking its largest M&A transaction to date. This acquisition aligns with SERENDIP’s strategic plan to achieve non-organic growth and enhance its position in the automotive industry, particularly as it transitions towards electrification and decarbonization. The acquisition is expected to create synergies by integrating SURTECKARIYA’s expertise in surface treatment and global supply chain with SERENDIP’s existing capabilities, potentially increasing revenue and profits.
More about SERENDIP HOLDINGS Co. Ltd.
SERENDIP HOLDINGS CO., LTD. invests in small- and medium-sized manufacturing companies to support modernization and re-growth, with a focus on automotive parts and other products. The company aims to achieve significant growth through strategies such as business succession M&A, global expansion, and decarbonization initiatives.
Average Trading Volume: 30,060
Technical Sentiment Signal: Buy
Current Market Cap: Yen10.31B
For detailed information about 7318 stock, go to TipRanks’ Stock Analysis page.