Investment Summary

Itochu Invests In Trende

On June 28, 2023, Itochu invested in renewable energy company Trende

Investment Highlights
  • This is Itochu’s 2nd transaction in the Renewable Energy sector.
  • This is Itochu’s 10th transaction in Japan.

Investment Summary

Date 2023-06-28
Target Trende
Sector Renewable Energy
Investor(s) Itochu
Deal Type Stake Purchase

Target

Trende

Tokyo, Japan
Trende develops technology for P2P electricity trading while expanding its customer base through rooftop solar power services for households. Trende was founded in 2017 and is based in Tokyo, Japan.

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Investor(S) 1

Investor

Itochu

Tokyo, Japan

Category Company
Founded 1858
Sector Business Services
Employees115,089
Revenue 14.72T JPY (2025)
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 24 of 30
Sector: Renewable Energy M&A 2 of 2
Type: Stake Purchase M&A Deals 9 of 9
Country: Japan M&A 10 of 11
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-14 Team T5

Taipei, Taiwan

Team T5 is a cybersecurity company dedicated to cyber threat research in the Asia-Pacific region. Team T5 was formed in 2013 and is based in Taipei, Taiwan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-17 Fettle

London, United Kingdom

Fettle is a bike repair network that offers hassle-free servicing and complete peace of mind for riders of all types. Fettle was formed in 2019 and is based in London.

Buy -