Nippon Engineering Consultants Co., Ltd. acquired 85.5% stake in Dia Consultants Company Limited from Mitsubishi Materials Corporation.
July 30, 2021
Share
Nippon Engineering Consultants Co., Ltd. (TSE:9797) entered into a basic agreement to acquire 85.5% stake in Dia Consultants Company Limited from Mitsubishi Materials Corporation (TSE:5711) on August 7, 2020. Nippon Engineering Consultants Co., Ltd. (TSE:9797) entered into a share purchase agreement to acquire 85.5% stake in Dia Consultants Company Limited from Mitsubishi Materials Corporation (TSE:5711) on February 12, 2021. As part of the transaction, Nippon Engineering Consultants Co., Ltd. will purchase 2.06 million shares of Dia Consultants Company Limited. The Board of Directors of Nippon Engineering Consultants resolved the transaction.
Nippon Engineering Consultants Co., Ltd. (TSE:9797) completed the acquisition of 85.5% stake in Dia Consultants Company Limited from Mitsubishi Materials Corporation (TSE:5711) in July 2021.
DN Holdings Co Ltd is a Japan-based company mainly engaged in the construction consulting business. The Company provides surveys, planning, design, construction supervision, and consulting services for civil engineering, construction, surveying, geology and soil. The structure maintenance business is engaged in the planning and design of new structures, as well as the maintenance and inspection of existing structures. The social creation business is engaged in the planning and design of transportation, urban, environment and energy systems. The national land conservation business is engaged in the river and sand protection planning, geological surveys, exploration. The overseas and construction management business conducts research, planning, and design work for road and bridge construction projects overseas, as well as construction management in Japan and overseas.