M&A Deal Summary |
|
|---|---|
| Date | 2016-01-08 |
| Target | CIMC Vehicles Co. |
| Sector | Automotive |
| Buyer(s) | Sumitomo |
| Deal Type | Add-on Acquisition |
| Deal Value | 1.2B CNY |
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| Category | Company |
|---|---|
| Founded | 1919 |
| Sector | Distribution |
| Employees | 74,920 |
| Revenue | 7.29T JPY (2025) |
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.
| DEAL STATS | # |
|---|---|
| Overall | 14 of 50 |
| Sector: Automotive M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 7 of 25 |
| Country: China M&A | 2 of 3 |
| Year: 2016 M&A | 1 of 5 |
| Size (of disclosed) | 5 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-12-24 |
Jupiter Shop Channel Co.
Tokyo, Japan Jupiter Shop Channel Co.,Ltd. is a direct marketing/retailing company that operates a television shopping channel in Japan. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-01-20 |
Xiwang International Trade Co.
Zouping, China Xiwang International Trade Co., Ltd. is a manufacturer and seller of corn oil in China. |
Buy | - |
