Niitaka Co., Ltd. acquired 90% stake in Biobank Co., Ltd.
March 27, 2023
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Niitaka Co., Ltd. (TSE:4465) acquired 90% stake in Biobank Co., Ltd. on March 28, 2023. As part of acquisition 460 shares acquired. For period ended March 31, 2022, Biobank reported Net worth of ¥1.5 billion, total assets of ¥1.9 billion, sales of ¥950 million, operating income of ¥143 million and net income of ¥99 million.
Niitaka Co., Ltd. (TSE:4465) completed the acquisition of 90% stake in Biobank Co., Ltd. on March 28, 2023.
Niitaka Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of cleansers, cleaning agents, disinfectants, bleaches and solid fuels. The Company is engaged in the provision of dishwashing detergents, dish washing equipment detergents, disinfectants, bleaches, food additives, detergents, detergents for food factories, hand-wash soaps and hand sanitizers, as well as solid fuels for cooking and outdoor heating. The Company is also engaged in the provision of maintenance services for dishwashers, and hygiene management support services, as well as the purchase of kitchen and bath supplies such as food packaging wraps, paper towels, body soaps, rinse-in shampoos and others.