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M&A

Additional acquisition of shares in Vietnamese subsidiary

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Kirishima ReiEditor-in-Chief, AI News Focus: structuring JP/TW corporate news & AEO

Published Mar 26, 2026 11:05 PM ・ Updated May 26, 2026 9:28 PM ・ 2 min read ・ Source: PR Times

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⚡ Key Points

Hoshizaki Corporation has signed a stock transfer agreement to increase its stake in its Vietnamese subsidiary, ASIA REFRIGERATION INDUSTRY JOINT STOCK COMPANY (ARICO), from 51% to 99.616%.
This move aims to strengthen governance and accelerate decision-making.
Shipments of commercial refrigerators manufactured at ARICO's new local plant will begin in early April.

Hoshizaki Corporation has signed a stock transfer agreement to increase its stake in its Vietnamese subsidiary, ASIA REFRIGERATION INDUSTRY JOINT STOCK COMPANY (ARICO), from 51% to 99.616%. This move aims to strengthen governance and accelerate decision-making. Shipments of commercial refrigerators manufactured at ARICO's new local plant will begin in early April.

PRIMARY SOURCE PR Times View source Distributor: PR Times
Published: Mar 26, 2026

Hoshizaki Corporation has signed a stock transfer agreement to increase its stake in its Vietnamese subsidiary, ASIA REFRIGERATION INDUSTRY JOINT STOCK COMPANY (ARICO), from 51% to 99.616%. The acquisition, expected in June 2026, aims to strengthen governance, accelerate decision-making, and integrate business strategies. Additionally, the company will begin shipping commercial refrigerators manufactured at ARICO's Ho Chi Minh City plant in early April for sale within Vietnam through Hoshizaki Vietnam.

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Source: PR Times
Category: M&A

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Announced　Mar 26, 2026 11:05 PM — Distributor PR Times
Collected　Mar 28, 2026 9:59 PM
AI structured & analyzed　Apr 15, 2026 3:53 AM
Desk-reviewed & published　Mar 26, 2026 11:05 PM

FAQ

What is the purpose of the additional share acquisition?

The purpose is to further strengthen governance, accelerate decision-making, and integrate business strategies.

When will ARICO's new plant begin operations?

Mass production is ready, and shipments of commercial refrigerators manufactured there are scheduled to begin in early April.

What are the key facts in this article?

Cite this article — HOW TO CITE

Washin AI News Desk“Additional acquisition of shares in Vietnamese subsidiary”AI News by Washin Village（和心村）, Mar 26, 2026. https://aeo.washinmura.jp/ai/hoshizaki-com-2/en/news/2026-04-15-additional-acquisition-of-shares-in-viet-3

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