Kintetsu Group Holdings has acquired Sakae’s Holding

Tokyo – Frontier Management Inc. (CFI Japan) is pleased to announce that they acted as financial advisor to Kintetsu Group Holdings in the acquisition of Sakae’s Holding.

Kintetsu Group Holdings is a Japanese railway holding company which primarily owns the Kintetsu Railway as well as Kintetsu Taxi, Kintetsu Department Store, and its other corporations in transportation, real estate, hotel and leisure and other sectors, which are collectively known as Kintetsu Group.

The transaction closed in December 2020.