Japan’s engineered heavy lifting and specialized heavy transport company Denzai K.K. acquired all the shares in compatriot Kurogane Corporation. The acquisition is effective August 30, 2024, expanding Denzai’s footprint in Kyushu area, where Kurogane has been active for almost 80 years. 

Commenting on the acquisition, Kohki Uemura, Denzai K.K. CEO said, “Kurogane Corporation is a long-established major company with a 77-year track record in Kitakyushu City, which has been selected as a base port for offshore wind power generation. It has been providing services to Nippon Steel Corporation’s Kyushu Works in the Yahata and Oita as an onsite subcontractor and is highly trusted by the company. Kurogane’s equipment and human resources will be integrated to achieve further development and success of both companies.”

Kurogane Corporation chairman, Junji Kuroiwa added that the company intends to run as a pioneer through the alliance and backing of Denzai Group. “We hope to continue to be a company that is seen as a target for local companies and a company that supports the Kyushu region and other industrial areas in western Japan by utilizing the equipment within our group,” Kuroiwa said.