Entering into the Capital Alliance Agreement with Suzumo Machinery through Gulf Japan Food Fund and Mizuho Gulf Capital PartnersCapital Alliance Agreement • August 2nd, 2020
Contract Type FiledAugust 2nd, 2020Gulf Japan Food Fund (“GJFF”), owned by investors including Mizuho Bank, Ltd. (President & CEO: Koji Fujiwara) and The Norinchukin Bank (President & CEO: Yoshio Kono), established Gulf Japan 1 (“GJ1”) as an SPV (Special Purpose Vehicle) and together with Mizuho Gulf Capital Partners Ltd (“MGCP”) which provides investment advisory to GJFF has agreed to enter into the Capital Alliance Agreement with Suzumo Machinery Company Limited (President: Minako Suzuki, “Suzumo” ). Based on the Agreement, GJ1 will own 10% of the total number of the issued shares of Suzumo by underwriting the issuance of new shares through third-party share issuance and acquiring shares from the existing shareholders.