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LIXIL Group Corp's Subsidiary to Acquire ASD Americas Holdings Corp.

Friday, 28 Jun 2013 02:15am EDT 

LIXIL Group Corp announced that its wholly owned subsidiary, a Tokyo-based company, will acquire 100 shares of a United States-based company, ASD Americas Holdings Corp., which engages in the manufacturing and sale of health porcelain, faucet fixtures and bathtub products, from Sun Plumbing V Finance, LLC, for USD 5.42 million in total, effective August 2013. As a result, the Company's subsidiary will hold a 100% stake in ASD Americas Holdings, up from 0%. 

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53.0 +2.13%
19 Dec 2014