M&A Deal Summary

Sumitomo Acquires Naturevo

On June 21, 2024, Sumitomo acquired distribution company Naturevo

Acquisition Highlights
  • This is Sumitomo’s 4th transaction in the Distribution sector.
  • This is Sumitomo’s 1st transaction in Romania.

M&A Deal Summary

Date 2024-06-21
Target Naturevo
Sector Distribution
Buyer(s) Sumitomo
Deal Type Add-on Acquisition

Target

Naturevo

Bucharest, Romania
Naturevo is a distributor of agricultural inputs. Naturevo was formed in 1999 and is based in Bucharest, Romania.

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Buyer(S) 1

Buyer

Sumitomo

Tokyo, Japan

Category Company
Founded 1919
Sector Distribution
Employees74,920
Revenue 5.50T JPY (2022)
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 43 of 45
Sector (Distribution) 4 of 4
Type (Add-on Acquisition) 22 of 23
Country (Romania) 1 of 1
Year (2024) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-19 CompuMed

Kuala Lumpur, Malaysia

CompuMed is a managed care company that provides services tailored to the needs of private health insurance companies and corporations. CompuMed was formed in 1998 and is based in Kuala Lumpur, Malaysia.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-18 Quest Health Solutions

Coral Springs, Florida, United States

Quest Health Solutions specializes in providing medical devices and services to patients for home use in collaboration with health insurers and care providers for diabetes care, acting as a vital link between patients, care providers, medical device manufacturers, and health insurers. Quest Health Solutions is based in Coral Springs, Florida.

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