# Okamura to absorb subsidiaries Okamura Logistics and Cedar

Okamura announced it will absorb and merge its wholly owned subsidiaries Okamura Logistics and Cedar, effective July 1, 2020. The merger aims to optimize supply chain management and strengthen logistics and conveying equipment capabilities.

- Type: Acquisition
- Announced: 2020-02-19
- Where: Yokohama, Japan, Japan
- Status: announced
- Products: conveying equipment, logistics services
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Okamura](https://endata.com/companies/45385.md) (acquirer)
- [Okamura Logistics](https://endata.com/companies/45386.md) (target)
- [Cedar](https://endata.com/companies/45387.md) (target)

## Sources

- [en.lnews.jp](https://en.lnews.jp/2020/02/m0219408.html), 2020-02-19: "Okamura announced that it will absorb and merge its two wholly owned subsidiaries, Okamura Logistics and Cedar, effective July 1."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.