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  • 智史 野口

Announcement of sale of Sanyu Chikuro (2024/4/25)

We are pleased to announce that investors including Value Quest Partners signed a definitive agreement on sale of 100% stake in a holding company of Sanyu Chikuro (Head Office: Kashiwazaki City, Niigata) with Nippon Crucible Co., Ltd. (Name on the Japanese company registry list: Nihon Rutsubo K.K.), which is listed on Tokyo Stock Exchange’s Standard market (5355).

 

Nippon Crucible has also made the announcement on its website today.

 

Based in Kashiwazaki City, Sanyu Chikuro mainly engages in furnace construction and maintenance of ladles which are used in casting process.

 

Since the acquisition of the thirty-year-old Sanyu Chikuro, Value Quest Partners has 1) taken the initiatives in building the operational systems which enables the company to grow further, as well as 2) redefined its strength through daily communication with Sanyu Chikuro’s employees, in order to realize the company’s potential value.

 

Along with its subsidiary, Shimbo Refractory Engineering Co., Ltd., Nippon Crucible engages in production and sale of refractory items as well as providing furnace construction services.

 

We believe that Sanyu Chikuro will be able to create further value by joining the Nippon Crucible group and take a key role in its one-stop-shop strategy.

 

 

<Media Contact>

Value Quest Partners Co., Ltd.

 


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