M&A Deal Summary

Sumitomo Acquires MARS Co.

On March 14, 2019, Sumitomo acquired electronics company MARS Co.

Acquisition Highlights
  • This is Sumitomo’s 1st transaction in the Electronics sector.
  • This is Sumitomo’s 7th transaction in Japan.

M&A Deal Summary

Date 2019-03-14
Target MARS Co.
Sector Electronics
Buyer(s) Sumitomo
Deal Type Add-on Acquisition

Target

MARS Co.

Takasaki, Japan
MARS Co. develops and markets products that feature unique refrigeration technology, which allows perishables to be kept at temperatures under 0˚C without freezing and maintain their freshness. MARS Co. was founded in 2006 and is based in Takasaki, Japan.

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Buyer(S) 1

Buyer

Sumitomo

Tokyo, Japan

Category Company
Founded 1919
Sector Distribution
Employees74,920
Revenue 7.29T JPY (2025)
DESCRIPTION

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 33 of 50
Sector: Electronics M&A 1 of 1
Type: Add-on Acquisition M&A Deals 16 of 25
Country: Japan M&A 7 of 8
Year: 2019 M&A 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-12 Q-Park B.V.

Maastricht, Netherlands

Q-Park B.V. is a provider of parking facilities in Europe, with over 800,000 parking spaces in ten countries, in over 5,800 secure, clean and well-managed facilities. Q-Park Nordics customer base held by securing parking space concentrated in highly convenient metropolitan areas in each of the three countries. Q-Park B.V. was founded in 1998 and is based in Maastricht, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-01 SACI-CFPA SA

Paris, France

SACI-CFPA distributes ingredients, develops formulations, and provides solutions to cosmetic manufacturers in France, major market in Europe, and it is acting as one of the largest distributor of its kind that deals exclusively with cosmetic ingredients. SACI-CFPA’s features are the fact that they distributes cosmetic ingredients to over 300 companies including French multinationals having the product portfolio of naturally derived ingredients that are in especially high-demand throughout the European market.

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