[Case example of Baton’s contract] M&A with Mori Painting Industry and Sanwa Construction, which has been in business for over 50 years Aiming for business development through synergistic effects through matching between long-established construction companies
BATONZ Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo, CEO: Yuichi Kanze, hereinafter BATONZ), which operates the M&A comprehensive support platform “BATONZ”, is Calencia Co., Ltd. (Headquarters: Minato-ku, Tokyo, CEO: Kakimoto. Misa, hereinafter referred to as Calencia), supported the M&A contract between Sanwa Construction Co., Ltd. (Headquarters: Osaka City, Osaka Prefecture, hereinafter Sanwa Construction) and Mori Painting Industry Co., Ltd. (Headquarters: Nakano-ku, Tokyo, hereinafter Mori Painting Industry). We will let you know.
[Overview of M&A]
Mori Painting Industry Co., Ltd., which is engaged in painting work based in the Kanto region, such as condominium renovation and repainting, station building painting work, etc., has been transferred to Sanwa Construction, which has been engaged in a wide range of construction businesses and has been in business for 75 years. Based on our mutual business partners and business skills, we aim for further development by demonstrating synergistic effects.
[Comment from Mr. Takashi Mori, Representative Director of Mori Painting Industry Co., Ltd.]
“Is this really the right choice?” “What is the best way for employees and business partners?” I really want to take over this company.” It was in line with our company motto, and I thought how wonderful it would be if a company with such high aspirations could take over. In the future, I hope to develop as a new Mori Painting Industry under Sanwa Construction.
Click here for Mori’s interview article
[Comment from Mr. Yukinori Morimoto, Senior Managing Director, Tokyo Head Office Manager of Sanwa Construction Co., Ltd.]
The most decisive factor is the personality of the president, Mr. Mori. From what Mr. Mori talks about about his employees, I could feel his love for them, and I felt that he has nurtured this company with great care. From now on, I will personally commit myself to Mori Painting Industry. I would like to increase the
■Mr. Morimoto’s interview article is here.
[Comment from Ms. Misa Kakimoto, Representative Director of Calencia Co., Ltd., who helped the seller close the deal]
This partnership between Mori Painting Industry and Sanwa Construction was carried out in a very pleasant atmosphere from the first meeting with the top management to the signing ceremony. I really feel like I was a destined partner. Sanwa Construction was an ideal partner as a company that would carry on President Mori’s desire to treat not only business partners but also employees like family.
I feel that the synergistic effect is extremely high in the sense that the strengths and management issues of both companies complement each other. When I asked about the situation after the completion of the M&A, I was very happy to see that everyone involved turned this M&A into positive energy and made a new start.
From now on, I believe that Morimoto’s powerful management skills will further refine the strengths of Mori Painting Industry and further develop the business. I am very much looking forward to future developments.
[Comment from Mr. Satoshi Okumura, a judicial scrivener who helped the seller close the deal]
The fact that the president of the transfer company, Mr. Mori, picked up my book at a bookstore and asked me to consult with him was probably the biggest factor in attracting this result. It seems that there was a lot of anxiety and lost. But I’m glad I had the courage to take the first step. When you were discussing the challenge of M&A, it seems that there was a time when you were depressed, saying, “I haven’t been able to sleep well lately.”
At the end, I’m really happy to see the president’s radiant smile. Congratulations on making a contract with someone you didn’t even want.
Company name: Buttons Co., Ltd.
Location: 1-8-2 Marunouchi, Chiyoda-ku, Tokyo 100-0005
Established: April 2018
Capital: 100 million yen
Representative Director: Yuichi Kanze
Business content: M&A matching using the Internet / Management consulting website planning, production, operation and management / Various education related to M&A
Company HP: https://batonz.jp/company/
Services offered by Buttons:
BATONZ Partner Program https://batonz.jp/lp/expert
Batons M&A University https://batonz.jp/lp/macollege/
Batonz Ventures https://batonz-ventures.jp
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