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Phuc Sang Minh Trade Engineering Services have sold a minority share to Toho Gas Co.

Tokyo – CFI is pleased to announce that it acted as exclusive financial advisor to the founders of Phuc Sang Minh Trade Engineering Services Joint Stock Company in its sale of a 40% share to Toho Gas Co.

Phuc Sang Minh Trade Engineering Services is a team of engineers, designers and project managers with extensive experience with Supply and installation of central Gas systems.

The buyer, Toho Gas, is a Japanese gas company based in Nagoya, Japan. They specialise in supplying gas, heat and electricity, and provide support from private home applicants to civil engineering projects.

This transaction closed on 1 January 2023.

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