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

ITOCHU (via ETEL) Acquires Murfitts Group Ltd

December 20, 2021

Environmental Services

ITOCHU Corporation, through its U.K. subsidiary EUROPEAN TYRE ENTERPRISE LIMITED (ETEL), has acquired Murfitts Group Ltd, a leading U.K. tyre recycling company based in Lakenheath. The deal brings Murfitts' tyre collection, rubber-crumb manufacturing and proprietary pyrolysis technology into ITOCHU/ETEL's tyre distribution and retail network to support sustainability and vertical integration across the tyre value chain.

Universal Fiber Systems Acquires FIT (Fiber Innovation Technology)

March 27, 2025

Manufacturing

Universal Fiber Systems LLC has acquired FIT (formerly Fiber Innovation Technology), a Johnson City, Tennessee-based specialty fiber manufacturer. The acquisition is intended to expand Universal Fiber Systems' production capacity, broaden its fiber technology capabilities, and integrate FIT's team and product offerings into its portfolio.

Amynta Group Acquires iFIT's Extended Warranty Operations (UTS)

September 13, 2022

Insurance

Amynta Group has acquired the extended warranty operations of iFIT Health & Fitness Inc., operated through its wholly owned subsidiary Universal Technical Services (UTS). The deal creates a long-term strategic partnership to deliver warranty protection and maintenance plans for iFIT brands (including NordicTrack, ProForm and FreeMotion) while allowing iFIT to focus on fitness technology and member content.

Assurant Acquires Fixt

August 17, 2020

IT Services

Assurant (NYSE: AIZ) has acquired Fixt, an on-demand mobile device support and repair provider that operates a network of over 1,500 repair technicians. The acquisition integrates Fixt's on-site repair capabilities into Assurant's Dynamic Fulfilment platform to expand come-to-you repair options and strengthen Assurant's device lifecycle management services.

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.

Cicor Technologies to Acquire TT Electronics in £287 Million Deal

November 2, 2025

Industrial Services

Cicor Technologies announced its firm intention to acquire UK-based TT Electronics plc for an equity value of approximately CHF 303 million (around £287 million). TT shareholders will receive 100 pence in cash plus 0.0028 Cicor shares per TT share, and TT will delist from the London Stock Exchange upon completion.