Kasumigaseki Capital, through its subsidiary fav hospitality group, has acquired all shares of Handa Marine Transport.
Handa Marine Transport operates Hotel New Tanda in Nagasaki City, Nagasaki Prefecture. Details of the transaction, including the seller and the purchase price, have not been disclosed.
Kasumigaseki Capital plans to undertake renovations including rebranding to enhance value. The impact on consolidated performance is expected to be minor.
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