Longreach's bid for Fujitsu unit shows electric car potential

The private equity firm spots a key component maker in the value chain for electric cars. Its track record shows it has a knack for shedding light on non-core units of Japan's sprawling conglomerates.

Alison Tudor-Ackroyd

July 26, 2018

North Asian buyout firm The Longreach Group said it would launch a tender offer to acquire common shares of car parts maker Fujitsu Component, after spotting potential for growth from the boom in electric vehicles at the hidden unit of the IT services’ giant Fujitsu.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.