M&A Deal Summary

Sojitz Acquires Silaba

On February 21, 2024, Sojitz acquired automotive company Silaba

Acquisition Highlights
  • This is Sojitz’s 2nd transaction in the Automotive sector.
  • This is Sojitz’s 1st transaction in Panama.

M&A Deal Summary

Date 2024-02-21
Target Silaba
Sector Automotive
Buyer(s) Sojitz
Deal Type Add-on Acquisition

Target

Silaba

San Francisco, Panama
Silaba is an automotive import wholesaler and dealership operator. Silaba was founded in 1991 and is based in San Francisco, Panama.

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Buyer(S) 1

Buyer

Sojitz

Tokyo, Japan

Category Company
Founded 2003
Sector Business Services
Employees25,118
Revenue 2.51T JPY (2025)
DESCRIPTION

Sojitz is a general trading company. Sojitz Group offers businesses globally, including buying, selling, importing, and exporting goods, manufacturing and selling products, providing services, and planning and coordinating projects, in Japan and overseas. Sojitz was established in 2003 and is based in Tokyo, Japan.


DEAL STATS #
Overall 7 of 15
Sector: Automotive M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 10
Country: Panama M&A 1 of 1
Year: 2024 M&A 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-14 Kleen

Middletown, Connecticut, United States

Kleen Energy Systems operates a 620-megawatt natural gas-fired, combined-cycle power plant, using gas and steam turbines to generate electricity. Kleen was founded in 2008 and is based in Middletown, Connecticut.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-26 Finviet

Ho Chi Minh City, Vietnam

Finviet is a SaaS company introducing cashless payment smartphone apps and an online ordering platform for small-scale retail stores in Vietnam. Finviet was founded in 2016 and is based in Ho Chi Minh City, Vietnam.

Buy -