Japanese lift maker Fujitec explores sale to private equity, FT reports-March 2024-www.financetom.com

Japanese lift maker Fujitec explores sale to private equity, FT reports

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Japanese lift maker Fujitec explores sale to private equity, FT reports

Nov 3, 2024 2:38 PM

Oct 30 (Reuters) - Japan's Fujitec Co has held

talks with private equity firms, including Sweden's EQT AB

, about a potential buyout, the Financial Times

reported on Wednesday, citing sources.

Fujitec, which makes lifts, escalators and moving walkways,

has an equity valuation of 377.79 billion yen ($2.46 billion),

according to LSEG data.

($1 = 153.3200 yen)

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