Kawashima Selkon to go independent from LIXIL via MBO

Kawashima Selkon announced it will become independent from parent company LIXIL Group through a management buyout (MBO), with management acquiring all shares from LIXIL to increase operational freedom and focus on interior textiles and traditional techniques.

“川島織物セルコン（京都市）は24日、MBO（経営陣が参加する買収）により親会社の LIXILグループから独立すると発表した。”nikkei.com

• 1 source
• nikkei.com川島織物、MBOで独立 LIXILグループから - 日本経済新聞Nikkei Inc.Nov 24, 2020

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