NEWS

Yamabiko Corporation (“Yamabiko”) announces that its European consolidated subsidiary, Yamabiko Europe SA (“Yamabiko Europe”), has acquired a 67% equity interest in ETABLISSEMENTS P.P.K. (“PPK”), a distributor of outdoor power equipment in France. Accordingly, PPK becomes a consolidated subsidiary of Yamabiko effective July 31, 2026.
 

Under its Medium-Term Management Plan 2028, Yamabiko has positioned the expansion of its European business as one of its key strategic initiatives. France represents the largest market in the Yamabiko group’s European operations, and PPK has served as the exclusive distributor of Yamabiko products in France for more than 60 years since commencing business with KIORITZ Corporation, one of Yamabiko’s predecessor companies, in 1965. 

Through the acquisition and consolidation of PPK, Yamabiko will further strengthen its sales platform in France. The transaction will also enable faster decision-making and closer operational integration within the Yamabiko group, enhancing business synergies and supporting the continued expansion of Yamabiko’s European operations.

Overview of PPK