ITOCHU (via ETEL) Acquires Murfitts Group Ltd

ITOCHU Corporation Acquires UK Bicycle Servicing Company Fettle Bike Repair Ltd.

January 17, 2024

Transportation

ITOCHU Corporation has acquired all shares of Fettle Bike Repair Ltd. (headquartered in London) through Kwik-Fit (GB) Ltd., a company controlled by ITOCHU's UK subsidiary European Tyre Enterprise Limited. The acquisition is intended to combine Fettle's bicycle-servicing expertise with Kwik-Fit's UK service network to expand after-sales and e-bike/e-cargo fleet servicing capabilities across the UK.

ITOCHU Takes 19.5% Minority Stake in Wood Partners

December 1, 2025

Real Estate

A subsidiary of ITOCHU Corporation has made a meaningful minority investment (19.5% stake) in Wood Partners to provide additional capital and strategic relationships. Wood Partners’ management will retain majority ownership, Fayez Sarofim & Co. will remain a significant minority holder, and Wood’s strategy and operations will remain unchanged; terms were not disclosed.

ITOCHU Metals Makes Minority Growth Investment in PNW Metal Recycling

June 30, 2023

Industrial Services

PNW Metal Recycling, a Clackamas, Oregon-based ferrous and non‑ferrous metal recycler, received a minority growth investment from ITOCHU Metals Corporation (a subsidiary of ITOCHU Corporation). The transaction closed on June 30, 2023, with GulfStar Group serving as exclusive financial advisor to PNW to support the company’s growth plan and strategic partnership with IMC.

Industrious Group (ITOCHU) Acquires American Hydro, Inc.

May 1, 2023

Energy

Industrious Group, a subsidiary of ITOCHU International Inc., has acquired American Hydro, a North American hydropower turbine design, manufacture and services provider previously owned by Wärtsilä. The acquisition expands Industrious Group and ITOCHU's capabilities and footprint in the hydropower and renewable MRO services market across North America. G2 Capital Advisors served as exclusive buy-side advisor on the transaction, completed in May 2023.

Etnyre International Acquires Hendrick Manufacturing

May 6, 2024

Manufacturing

Etnyre International Ltd has acquired Hendrick Manufacturing, a long-established U.S. manufacturer of perforated metal, wedge wire and architectural metal products with facilities in Carbondale, Pennsylvania and Owensboro, Kentucky. The transaction, completed May 6, 2024, expands Etnyre's metal manufacturing capabilities and footprint into new markets and brings Hendrick into the Etnyre group of companies.

Eusider Group Acquires Profiltubi S.p.A. from AUCTUS

February 12, 2024

Manufacturing

Eusider Group has acquired the Profiltubi Group (including O.M.V. Ventura) from private equity investor AUCTUS. Profiltubi, an Italian manufacturer of electrically welded carbon steel pipes with consolidated revenue above €100 million, will join Eusider’s steel service and manufacturing platform to support further growth and market leadership.