Nagakawa Vietnam Joint Stock Company agreed to acquire 48% stake in Klw Vietnam Garment Joint Stock Company.

Nagakawa Group Joint Stock Company, formerly Nagakawa Vietnam Joint Stock Company, is a Vietnam-based company engaged in the household electrical components and equipment sector. It is mainly engaged in manufacturing and assembling products such as air conditioners, freezers and other household electrical products. The Company also manufactures, assembles and installs machine and equipment, as well as provides total solutions for ventilation systems and air conditioners for households and industrial usage. The Company’s product portfolio includes civil and commercial type air-conditioners, washing machines, household utensils and freezers.