M&A Deal Summary

Sumitomo Acquires Social Interior

On October 1, 2024, Sumitomo acquired engineering company Social Interior

Acquisition Highlights
  • This is Sumitomo’s 1st transaction in the Engineering sector.
  • This is Sumitomo’s 8th transaction in Japan.

M&A Deal Summary
Date 2024-10-01
Target Social Interior
Sector Engineering
Buyer(s) Sumitomo
Deal Type Add-on Acquisition

Target

Social Interior

Tokyo, Japan
Social Interior is involved in the planning and developing of the Business Management Cloud, a furniture and fixture ordering and receiving platform; Office Construction Support, providing full support for corporate office creation; and " Subsclife," a mail-order subscription service for furniture and home appliances. Social Interior was formed in 2016 and is based in Tokyo.

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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 45 of 45
Sector (Engineering) 1 of 1
Type (Add-on Acquisition) 23 of 23
Country (Japan) 8 of 8
Year (2024) 5 of 5
PREVIOUS 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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