2025.03.7 Fri
Commencement of Tender Offer for Shares of Naigai Trans Line Ltd. (Securities Code: 9384)
March 7, 2025
IA Partners, Inc.
Today, IAPF2 Co., Ltd. (the “Offeror”), an indirect subsidiary of SH2, L.P., a Cayman-registered Limited Partnership for which IA Partners, Inc. (Representative Director: Hiroshi Murakami, hereinafter referred to as “IAP”) provides services, etc., has decided to make a tender offer (hereafter referred to as the “Tender Offer”) to acquire shares of Naigai Trans Line Ltd. (hereafter referred to as “Naigai Trans Line”) as part of a series of transactions (hereafter referred to as the “Transaction”) to acquire all of the shares of Naigai Trans Line (excluding treasury stock owned by Naigai Trans Line and shares of Naigai Trans Line owned by Godo Kaisha AST) for the purpose of taking the shares of Naigai Trans Line private. Please note that IA Partners No. 1 Investment Limited Liability Partnership, etc., which IAP manages or provides services to, will be the principal investors in SH2, L.P.
Established in 1980, Naigai Trans Line is mainly engaged in the international cargo transportation business, transporting cargo by ship. Their main services are import/export ocean freight consolidation, in which they transport multiple customers’ cargoes in a single container, and import/export ocean full container transport, in which they transport customers’ cargoes in individual containers. They have earned a high reputation for their meticulous response to their customers’ needs.
IAP focuses its investment activities on investing in large and medium-sized companies and supporting the carve-out of their group companies and business units, strengthening their management bases, and unlocking their growth potential through M&A and other measures. After the Transaction, we will provide various managerial and financial support to help Naigai Trans Line realize its goal of transforming itself into a comprehensive international freight forwarder by expanding its business domain from an ocean freight forwarder with a focus on international ocean freight consolidation to a comprehensive logistics provider, and we will work with the executives and employees of Naigai Trans Line to achieve further growth and increase corporate value over the medium to long term beyond the investment period.
Under the slogan “Invest and Associate as a Partner,” IAP is committed to creating not only economic value but also social value by meeting the expectations of its stakeholders, including employees, customers, business partners, society, and shareholders, through its investment activities.
Overview of Naigai Trans Line Ltd.
| Name | Naigai Trans Line Ltd. |
| Date of Establishment | May 1, 1980 |
| Head Office | Sunrise Building 5F, 2-6-8 Bingo-machi, Chuo-ku, Osaka, Japan |
| Representative | Yoshihiro Kojima |
| Business activities | Freight forwarding business (ocean, international air, rail, and coastal shipping), etc. |
| Capital | JPY243,937,240 |
| Number of employees | 235 (non-consolidated) , 741 (consolidated) |
Overview of IA Partners, Inc.
| Name | IA Partners, Inc. (https://iapartners.jp/) |
| Date of Establishment | March 30, 2021 |
| Head Office | Toranomon 40MT Building 5F, 5-13-1 Toranomon, Minato-ku, Tokyo |
| Representative | Hiroshi Murakami |
| Business description | Management and administration of private equity funds and investment advisory services (*Clients for our investment advisory services are limited to specified investors as defined in the Financial Instruments and Exchange Act) |
| Registered License | Director of Kanto Local Finance Bureau (Kinsho) No. 3284 (Investment Advisory and Agency Business) |
For inquiries regarding this release, please contact
IA Partners, Inc.
Tel: 03-6432-4710
E-mail:info@iapartners.jp
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