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Home » Oliver Co., Ltd. Oliver concludes a stock transfer agreement with Shinrise and a business transfer agreement with Kensho.

Oliver Co., Ltd. Oliver concludes a stock transfer agreement with Shinrise and a business transfer agreement with Kensho.

[Oliver Co., Ltd.] Oliver concludes a stock transfer agreement with Shinrise and a business transfer agreement with Kensho.

*View in browser* *Oliver Co., Ltd.*
Press release: June 4, 2024
**
Oliver concludes a stock transfer agreement with Shinrise and a business transfer agreement with Kensho.
*Oliver Co., Ltd. (Headquarters: Toyama City, Toyama Prefecture, Representative Director
Hiroshi Ogawa (hereinafter referred to as the “Company”) announced on May 31st that Shinrise Co., Ltd. (Headquarters: Kodaira City, Tokyo, Representative Director)
We acquired all the shares of Mineyoshi Aji and made it a wholly owned subsidiary. On the same day, Kensho Co., Ltd. (Head office: Izumi-ku, Yokohama City, Representative Director
We would like to inform you that the remodeling business stores of Naofumi Sugiyama (Gaisoh Machida store and Gaiso Yamanashi store) have been transferred and become directly managed stores. *
From left: Takashi Sugiyama of Kensho Co., Ltd., Hiroshi Ogawa of Oliver Co., Ltd., Mineyoshi Ajiji of Shinrise Co., Ltd.
*About Shinrise*
Shinrise started its business in 2004 and has generated sales of 400 million yen mainly in residential renovation work in Kodaira City, Tokyo, Tama District, and West Tokyo District. In order to achieve further growth in the future, we aim to grow by incorporating Oliver’s sales methods, recruitment and training methods, etc. Mr. Mineyoshi Aji will continue as representative director.
*About Kensho*
Kensho started operations in 2014 and continues to operate in Yokohama City, Tokyo, and Kanagawa Prefecture, and has generated sales of 1.2 billion yen. We launched exterior wall and roof construction as a BtoB business, and three years ago we started a housing renovation business targeting general users. Transferred the renovation business to Oliver and aimed to expand together. At the same time, Mr. Naofumi Sugiyama will participate full-time in Oliver’s management.

* Purpose of M&A *

This time, our company acquired Shinrise’s shares and transferred the business to Kensho at the same time. We welcome group joins through M&A with companies with high affinity and aim to accelerate growth even further. We have set a goal of 10 billion yen in 2025 and 25 billion yen in 2032.
* About Oliver Co., Ltd. *
Founded in 2002.
Currently engaged in housing renovation business, new construction business, real estate business, Gaiso VC business, restaurant business, etc. Received prestigious design awards sponsored by external manufacturers for 10 consecutive years. We will use this M&A as an opportunity to become a company that grows further, and to everyone in the regions where we do business.
A BEST LIFE! (Living the best life)” We aim to establish ourselves as a company.
Oliver Co., Ltd. Representative Director Hiroshi Ogawa
LEAD SQUARE Head Office

-Contact information regarding this matter-
Oliver Co., Ltd. Public Relations Officer Takayuki Yoshida
TEL: 076-482-4173/Yoshida Mobile (080-5859-5538)
*About details about this release*
https://prtimes.jp/main/html/rd/p/000000002.000144053.html

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