STG Global Holdings Pty Ltd is an Australia-based manufacturer of purpose-built, specialised modular truck bodies and parts.

Kyokuto Kaihatsu Kogyo Co Ltd (TYO:7226), an Osaka-based manufacturer and seller of special purpose vehicles, will acquire 100 per cent of the shares on issue from STG’s existing shareholders, including RRA Pty Ltd and Oceania Capital Partners. The acquisition diversifies Kyokuto’s portfolio of offerings and strengthens its position in the global market.

Kyokuto engaged BDO to conduct:

• Financial due diligence, led by Deal Advisory Partner, Daniel Coote
• Commercial due diligence, led by Deal Advisory Partners, Kapil Kumar and Martin Linhart
• Tax due diligence, led by Corporate and International Tax Partner, Pulin Desai.