M&A Deal Summary

Itochu Acquires Raven SR

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

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
Sector Renewable Energy
Buyer(s) Itochu
Deal Type Add-on Acquisition

Target

Raven SR

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

Search 199,442 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

Tokyo, Japan
Category Company
Founded 1858
Sector Business Services
Employees128,146
Revenue 14.03T JPY (2024)
DESCRIPTION
ITOCHU's corporate headquarters in Tokyo, Japan.
ITOCHU's corporate headquarters in Tokyo, Japan.

Itochu is a prominent multinational trading company operating in various industries worldwide. With a diverse portfolio, the company engages in the sales, import, and export of an extensive range of products and services. Its offerings span sectors such as textiles, machinery, metals, energy, chemicals, food, and general merchandise. It caters to a broad customer base comprising retailers, wholesalers, manufacturers, and businesses across different sectors, providing them with high-quality goods and facilitating global trade through its extensive network and expertise. Itochu was founded in 1858 and is based in Tokyo, Japan.

DEAL STATS #
Overall 15 of 27
Sector (Renewable Energy) 1 of 2
Type (Add-on Acquisition) 8 of 13
State (Wyoming) 1 of 1
Country (United States) 7 of 8
Year (2021) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-16 WingArc1st

Tokyo, Japan

WingArc1st is a provider of enterprise output management (EOM) software and business intelligence (BI) software. WingArc1st was founded in 2004 and is based in Tokyo, Japan.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-10 Timee

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 -
Mergr

Product

Company

Legal