Kyoeisha Co,. Ltd (Baroness) announces acquisition of Shibaura
Kyoeisha Co., Ltd. (Baroness) has reached an agreement with IHI Corporation to acquire Shibaura - the turf care machinery business of IHI Agri-Tech Corporation.
Kyoeisha has been looking to enhance production capacity and expand sales and customer service to meet future domestic and international demand. The acquisition of IHI Agri-Tech Corporation's turf care machinery business aligns perfectly with these goals.
An established manufacturer of turf care equipment, IHI Agri-Tech Corporation boasts state-of-the-art facilities, a skilled workforce and a reputation for high-quality products both in Japan and overseas. The Shibaura brand is recognised globally for its leading range of walk behind mowers, 3-gang and 5-gang reel and rotary ride-on mowers, front mowers and other ride-on implements – such as top dressers and bunker rakes - for maintenance tasks on the golf course.
Recognising the strategic fit and potential for growth, Kyoeisha engaged in extensive discussions with IHI Corporation. It was formally announced on 25th November 2024 that Kyoeisha had proudly reached an agreement for its acquisition of the Shibaura brand and portfolio.
This acquisition is expected to enhance product and service value while supporting the expansion of Kyoeisha's business. More details will be released in due course.