Garden Building Y.K. agreed to acquire an additional 8.76% stake in Handsman Co., Ltd. from Seiji Ozono and Masatada Ozono.
November 04, 2018
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Garden Building Y.K. agreed to acquire an additional 8.76% stake in Handsman Co., Ltd. (JASDAQ:7636) from Seiji Ozono and Masatada Ozono on November 5, 2018. Prior to the transaction, Garden Building Y.K. holds 0.68 million shares and after the transaction, Garden Building Y.K. will hold 1.94 million shares of Handsman Co., Ltd. The transaction is expected to be completed on November 6, 2018.
HANDSMAN CO., LTD. is a Japan-based company engaged in the home center business. The Company is engaged in the retail of do-it-yourself (DIY) products, including hobby items, wooden products, building materials, hand tools, electrical tools, hardware, paints, adhesives, gardening materials, chemical fertilizers and soil, vegetation, exterior supplies and stones; household products, including household articles, daily necessities, interior supplies, electrical materials, storage products, housing facility equipment, as well as the automobile and leisure products, including automobile goods, outdoor products, pets, living objects and stationery.