Investindustrial has €17 billion of raised fund capitalThis move is designed to deepen the cultural, industrial and economic ties between Italy and Japan

Investindustrial has opened a new office in Tokyo.

The move makes Investindustrial the first Southern European mid-market private equity firm to establish a direct presence in Japan, according to a release. This move is designed to deepen the cultural, industrial and economic ties between Italy and Japan, the release said.

Tokyo will be Investindustrial’s ninth office and the third in the Middle East and Asia, joining Abu Dhabi and Shanghai. Collectively, these offices have 21 employees.

Over the past twelve months, Investindustrial has completed add-on acquisitions in China, India and Saudi Arabia, totaling approximately €500 million in combined enterprise value.

“By establishing Japan as a new strategic geography, we reinforce our long-term belief in the region’s potential and our role in driving global growth for the companies we invest in,” said Andrea C Bonomi, chairman of the Investindustrial industrial advisory board, in a statement.

Investindustrial has €17 billion of raised fund capital.

AloJapan.com