M&A Deal Summary

Itochu Acquires Raven SR

On August 23, 2021, Itochu Corp. acquired renewable energy company Raven SR, Inc.

Acquisition Highlights
  • This is Itochu’s 1st transaction in the Renewable Energy sector.
  • This is Itochu’s 7th transaction in the United States.
  • This is Itochu’s 1st transaction in Wyoming.

M&A Deal Summary

Date 2021-08-23
Target Raven SR, Inc.
Sector Renewable Energy
Buyer(s) Itochu Corp.
Deal Type Add-on Acquisition

Target

Raven SR, Inc.

Pinedale, Wyoming, United States
website
Raven SR is a producer of renewable hydrogen and renewable fuels from municipal solid waste. Raven SR is based in Pinedale, Wyoming.

Search 163,065 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Itochu Corp.

Tokyo, Japan

website


Category Company
Founded 1858
SectorBusiness Services
Employees128,146
Revenue 10,983.0B JPY (2020)
DESCRIPTION

ITOCHU is involved in domestic trading, import/export, and overseas trading of various products such as textile, machinery, metals, minerals, energy, chemicals, food, information and communications technology, realty, general products, insurance, logistics services, construction, and finance, as well as business investment in Japan and overseas. Itochu was founded in 1858 and is based in Tokyo, Japan.


DEAL STATS #
Overall 14 of 17
Sector (Renewable Energy) 1 of 1
Type (Add-on Acquisition) 8 of 10
State (Wyoming) 1 of 1
Country (United States) 7 of 7
Year (2021) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-19 Zapata Computing, Inc.

Boston, Massachusetts, United States

Zapata Computing, Inc. is a developer software for quantum computers. Zapata Computing is based in Boston, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-10 Timee, Inc.

Tokyo, Japan

Timee is operating an on-demand staffing platform service that matches the time people who want to work with businesses which have urgent labor needs. Timee was founded in 2017 and is based in Tokyo, Japan.

Buy -