Conexio Corporation, a subsidiary of ITOCHU Corporation, has been acquired by NOJIMA Corporation
Tokyo – CFI is pleased to announce that it acted as exclusive financial advisor to Conexio Corporation, a subsidiary of ITOCHU Corporation, in its acquisition by NOJIMA Corporation.
With a head office in Minato-ku, Tokyo, Conexio Corporation wholesales mobile equipment to outlets, as well as operates mobile service retail stores. With over 20 years of industry experience and over 5,000 employees, Conexio aims to drive the growth of the smartphone market.
The acquirer, NOJIMA Corporation, was founded by Kinuyo Nojima in April 1962 and is headquartered in Yokohama, Japan. They sell a wide range of IT products, including personal computers and software as well as providing broadband connections and electronic home goods.
This transaction closed on 31 May 2023.
Consumer Goods & Retail
a subsidiary of
has been acquired by
Transaction details
Smartphone retailer Conexio Corporation has been acquired by NOJIMA Corporation, a Yokohama-based IT product provider
Our latest transactions
Business Services
has been acquired by
Transaction details
Finnish real estate management company Granlund Isännöinti, a subsidiary of Granlund Oy, has been acquired by Tapiolan Lämpö
Software & IT Services
has been sold to
a portfolio company of
Transaction details
LetsBuild Aproplan, a digital construction management platform used by thousands of companies to streamline on-site workflows has been sold to Causeway Technologies, a company that provides enterprise and cloud software to over 3,000 customers worldwide
Food & Beverage & Agribusiness
has sold a majority share to
Transaction details
AgroquÃmica Codiagro, a distinguished Spanish provider of biostimulants, has sold a majority share to Sustainable Agro Solutions (SAS Group), backed by Stirling Square Capital Partners
