Tokico System Solutions, a portfolio company of Polaris Capital Group, has been acquired by Iwatani Corporation

Tokyo – CFI is pleased to announce that they acted as exclusive financial advisor Iwatani Corporation in the acquisition of Tokico System Solutions.

Iwatani Corporation, a LPL operator based Japan also has a presence in over 250 companies around the world and employs more than 11,000 people worldwide. In Japan they hold the number one share of the LP Gas market, Hydrogen market, as well as the number one share of the Helium market.

Tokico System Solutions is a manufacturer of instrumentation equipment intended for energy infrastructure and the engineering industry. The company provides design, construction and maintenance services for fuel dispensers, gas station equipment and system, LPG, CNG and hydrogen dispensers and instrumentation products, thereby ensuring that clients get environment-friendly parts.

This transaction is expected to close on 31 March 2022.