# Tokai Carbon and COBEX to acquire Carbone Savoie for ¥19.7 billion

Tokai Carbon and COBEX HoldCo have agreed to acquire Carbone Savoie from Alandia Industries and other shareholders for approximately ¥19.7 billion. Tokai Carbon will take a 70% stake and COBEX a 30% stake, making Carbone Savoie a consolidated subsidiary of Tokai Carbon.

- Type: Acquisition
- Announced: 2020-04-10
- Where: France
- Value: $182.0M (19.7B JPY)
- Status: announced
- Products: carbon products
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Tokai Carbon Co. Ltd.](https://endata.com/companies/32879.md) (acquirer)
- [COBEX HoldCo](https://endata.com/companies/46484.md) (acquirer)
- [Carbone Savoie](https://endata.com/companies/46485.md) (target)
- [Alandia Industries](https://endata.com/companies/46486.md) (partner)

## Sources

- [au.marketscreener.com](https://au.marketscreener.com/quote/stock/TOKAI-CARBON-CO-LTD-6492682/news/Tokai-Carbon-Co-Ltd-and-COBEX-HoldCo-GmbH-agreed-to-acquire-Carbone-Savoie-SAS-from-Alandia-Indus-33916926/), 2020-04-09: "Tokai Carbon Co., Ltd. and COBEX HoldCo GmbH agreed to acquire Carbone Savoie SAS from Alandia Industries and other shareholders for approximately ¥19.7 billion"

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