Goodspeed. Co., Ltd. (TSE:7676) agreed to acquire Hokuto Motors Co., Ltd. on September 30, 2019. Goodspeed. Co., Ltd. will acquire 14 shares representing 100% stake of Hokuto Motors Co., Ltd. The Board of Directors of Goodspeed. Co., Ltd. resolved the transaction on September 30, 2019. Completion is scheduled to take place on October 1, 2019.
Goodspeed. Co., Ltd. (TSE:7676) completed the acquisition of Hokuto Motors Co., Ltd. on October 1, 2019.
Good Speed Co Ltd is a Japan-based company principally involved in the sale of used cars and motorcycles, automobile sales, and related businesses. The Company provides used car sales, car purchasing, maintenance and body repair, insurance agency, rental car, and gas station services. The used car sales business operates MEGA specialty stores for used cars, domestic car specialty stores, and imported car specialty stores. The car acquisition business acquires cars through batch acquisition assessment sites operated by multiple companies. The maintenance and sheet metal business provides services such as the maintenance of sold cars and car inspections. Insurance agency business provides agency service of general insurance companies. The car rental business provides vehicle rental services.
GOODSPEED CO.,LTD. 
