“Arkland Sakamoto” to adjust due to acquisition of “LIXIL Viva” June 9 0:00
As the role of home improvement centers that handle products for home spending under the influence of the new coronavirus is being reassessed, Niigata Prefecture's major Arkland Sakamoto will adjust to acquire LIXIL Viva, a subsidiary of a major housing equipment manufacturer. I found out. The acquisition will be made through a tender offer for TOB=shares, and the total acquisition is expected to exceed 100 billion yen.
According to the people involved, "Arkland Sakamoto", which has a head office in Sanjo City, Niigata Prefecture and develops "Home Center Musashi", acquired a major housing equipment maker, "LIXIL Viva", which holds a 53% stake in the subsidiary "LIXIL Viva". We are adjusting in the direction to.
With regard to the acquisition, “Arkland Sakamoto” aims to acquire all of the shares through a tender offer for TOB=shares, and the acquisition price is expected to exceed 100 billion yen.
With the new coronavirus having a severe impact on many industries, the role of the home improvement industry is being reassessed, with an increasing number of customers purchasing telework-enabled products and products for spending a long time at home.
Under such circumstances, "Arkland Sakamoto", which has many stores mainly in Niigata Prefecture, aims to expand its business in the Tokyo metropolitan area at once by acquiring "LIXIL Viva" which has many stores in the Tokyo metropolitan area. There is.
On the other hand, the “LIXIL Group” has the goal of expanding its business by concentrating its investment in its main business, housing equipment, to withdraw from the home center business by promoting business selection.
The LIXIL Group and Arkland Sakamoto will officially decide soon, and the industry reorganization will move at once.