Sumitomo - M&A Summary and Business Overview

DistributionCompany

Sumitomo M&A Summary

Sumitomo has acquired 45 companies, including 17 in the last 5 years. A total of 7 acquisitions came from private equity firms. It has also divested 8 assets.

Sumitomo’s largest acquisition to date was in 2014, when it acquired Clermont Mine for $1.0B. It’s largest disclosed sale occurred in 2016, when it sold Soukai Drug to Rakuten Group for $74M. Sumitomo has acquired in 8 different US states, and 19 countries. The Company’s most targeted sectors include metals/mining (9%) and distribution (9%).

Sumitomo Business Overview

Where is Sumitomo headquartered?

Sumitomo is headquartered in Tokyo, Japan.

What is Sumitomo’s revenue?

Sumitomo disclosed revenue of 5,495,015M JPY for 2022 and 4,645,059M JPY for 2021.

How many employees does Sumitomo have?

Sumitomo has 74,920 employees.

What sector is Sumitomo in?

Sumitomo is a distribution company.

When was Sumitomo founded?

Sumitomo was founded in 1919.

M&A Summary

  • M&A Total Activity53
    • M&A Buy Activity45
    • M&A Sell Activity8
  • Total Sectors Invested 26
  • Total Countries Invested 19
  • M&A Buy/Sell Connections 33
  • M&A Advisors 1

Sumitomo

Sumitomo Corp.

Otemachi Place East Tower 3-2 Otemachi 2-Chome Chiyoda-ku,
Tokyo, 100-8601
Japan,
+81 3 6285 5000
www.sumitomocorp.com

Sumitomo is a global network and based on trust from companies in various industries and from consumers, Sumitomo Corporation engages in multifaceted business activities by making the most of its Integrated Corporate Strength. These business activities include sales of a variety of products and services within Japan, import and export, trilateral trade, and domestic and international business investment. Sumitomo was founded in 1919 and is based in Tokyo, Japan.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (2.0/yr) # 35 4 - - 1 5 45
vol $3.1B $3.1B
Sell (0.6/yr) # 5 - - 1 1 1 8
vol $74M $74M
  53

Most Recent M&A

Company Date Value Type
Social Interior Co., Ltd. 2024-10-01 - Add-on Acquisition
Tokyo, Japan · www.socialinterior.com
Vast Medical Holdings 2024-07-18 - Stake Purchase
Coral Springs, Florida · www.questhealthsolutions.com
Naturevo 2024-06-21 - Add-on Acquisition
Bucharest, Romania · www.naturevo.ro
CompuMed Services Sdn. Bhd. 2024-06-19 - Add-on Acquisition
Kuala Lumpur, Malaysia · www.compumed.com.my
Bio Insumos Nativa SPA 2024-04-18 - Growth Capital
Maule, Chile · www.bionativa.cl
Upsher-Smith Laboratories, Inc. 2024-01-17 - Stake Sale
Maple Grove, Minnesota · www.upsher-smith.com
Saconix LLC 2023-06-08 - Add-on Acquisition
Dallas, Texas · www.saconix.com
VeriTread LLC 2023-01-09 - Trade Sale
Lakeland, Florida · www.veritread.com
HawkEye 360, Inc. 2022-01-06 - Stake Sale
Herndon, Virginia · www.he360.com
Earth Science Analytics AS 2020-09-03 - Stake Purchase
Stavanger, Norway · www.earthanalytics.ai
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Sintavia LLC 2018-09-13 GE Additive - Arcam EBM Q20plus 2020-07-21 2
Davie, Florida · www.sintavia.com , Connecticut

M&A by Sector

Sector Buy # Value Sell # Value
Distribution 4 (9%) 846M (27%) - -
Energy Services and Equipment 4 (9%) - - -
Metals/Mining 4 (9%) 1.4B (44%) - -
Financial Services 2 (4%) 465M (15%) 2 (25%) -
Chemicals 3 (7%) - - -
Information Technology 2 (4%) - 1 (13%) -
Medical Products 2 (4%) - 1 (13%) -
Aerospace 2 (4%) - - -
Agriculture 2 (4%) - - -
Automotive 2 (4%) 188M (6%) - -
Business Services 2 (4%) - - -
Renewable Energy 2 (4%) - - -
E-Commerce 1 (2%) - 1 (13%) 74M (100%)
Life Science 1 (2%) - 1 (13%) -
Media 1 (2%) - 1 (13%) -
Transportation 1 (2%) - 1 (13%) -
Consumer Products 1 (2%) - - -
Consumer Services 1 (2%) - - -
Electronics 1 (2%) - - -
Engineering 1 (2%) - - -
Healthcare Services 1 (2%) - - -
Insurance 1 (2%) - - -
Oil/Gas Exploration 1 (2%) - - -
Software 1 (2%) - - -
Technology Hardware 1 (2%) - - -
Utilities 1 (2%) 253M (8%) - -
Total 45 $3.1B 8 $74M

By Geo

State/Country Buy Value Sell Value
United States 13 340M 4 -
  Florida 3 - 1 -
  Virginia 2 - 1 -
  Texas 2 - - -
  Pennsylvania 2 340M - -
  Ohio 1 - - -
  North Carolina 1 - - -
  Maryland 1 - - -
  Arizona 1 - - -
  New York - - 1 -
  Minnesota - - 1 -
Japan 8 - 3 74M
Australia 3 1.0B - -
China 3 188M - -
Chile 2 - - -
Germany 2 - - -
Netherlands 1 - 1 -
Norway 2 - - -
Brazil 1 - - -
France 1 - - -
Indonesia 1 465M - -
Ireland 1 846M - -
Israel 1 - - -
Kenya 1 - - -
Malaysia 1 - - -
Romania 1 - - -
Singapore 1 - - -
Spain 1 - - -
United Kingdom 1 253M - -
Domestic 8 (18%) - 3 (38%) 74M (100%)
Cross-border 37 (82%) 3.1B (100%) 5 (63%) -
Total 45 $3.1B 8 $74M

Top M&A Advisors

Financial Deals
Colonnade Advisors LLC
1

Deal Values

buy # Total
> $1B 1 $1.0B
$100M to $1B 5 $2.1B
TOTAL $3.1B
Largest Clermont Mine
$1.0B (2014-06-02)
sell # Total
< $100M 1 $74M
TOTAL $74M
Largest Soukai Drug Co., Ltd.
$74M (2016-10-28)

M&A Connections

Deals
Acquired from
Investor(s)
16%
7 (16%)
Strategic(s)
11%
5 (11%)
Divested to
Investor(s)
13%
1 (13%)
Strategic(s)
88%
7 (88%)

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Distribution Companies , Japan Companies