La Holdings Co., Ltd. (TSE:2986) agreed to acquire Fanstyle, K.K. from Kazuhiro Shiroma on November 25, 2022. La Holdings Co., Ltd. will acquire 80 shares representing 18.6% stake of Fanstyle, K.K. for cash and will issue around 0.35 million shares for the remaining 350 shares representing 81.4% stake. For the year ending December, 2021, Fanstyle, K.K. reported net worth of Ñ2.2 billion, total assets of Ñ4.6 billion, revenues of Ñ3.8 billion and EBIT of Ñ340 million.

The transaction is expected to close on December 30, 2022.