Notice Regarding Acquisition of Shares of PADECO Co., Ltd. (Subsidiary Acquisition)
PACIFIC CONSULTANTS CO., LTD. (Headquarters: Chiyoda-ku, Tokyo; President & Representative Director: Osamu OMOTO) is pleased to announce that it has entered into a share transfer agreement to acquire shares of PADECO Co., Ltd. and make it a subsidiary as detailed below.
1. Reasons for acquiring shares
For over 70 years since its founding, PACIFIC CONSULTANTS GROUP has provided consulting services centered on infrastructure engineering to address social issues that change in complex ways with the times, and has sought opportunities for business growth with the aim of becoming a global company that brings value and change to pass on a better society to the next generation for a new future.
Through this share acquisition, PADECO Co., Ltd. 's advanced international development consulting services in areas such as transportation, urban and regional development, education and human resource development, industrial and organizational management, information technology, and the environment and climate change, as well as its experience and track record in projects around the world and its personnel with a wide range of backgrounds and expertise, including nationalities, will be combined with our group resources to create business synergies and accelerate our business expansion.
2. Overview of the company to be acquired
3. Shareholdings before and after acquisition
4. Schedule
5. Future outlook
Through this share acquisition, PADECO Co., Ltd. will become a consolidated subsidiary of our company.
We will continue to closely examine the impact this will have on our group's performance for the current fiscal year.