Nothing but negotiation

 
The Gap Partnership

Toyota planning Cascade shares acquisition

Toyota is to acquire Cascade's shares.

23 October 2012

Toyota Industries has been in sales negotiations with Cascade Corporation and both firms have entered a definitive agreement that will see Toyota acquire 100 per cent of Cascade's shares.

Each individual share has been given a cash value of $65 (£40.73), giving the transaction an overall cost of $759 million.

When the deal takes place, it should create a materials handling business that is a global leader, providing the firm with a wide range of products and a positive growth platform.

It will involve Cascade becoming one of Toyota's wholly-owned subsidiaries, with the firm remaining based in Oregon's Fairview region.

Furthermore, current president and chief executive officer of Cascade Robert Warren will continue to lead the enterprise following the acquisition.

"We've long known Cascade as a reliable and world-class supplier to our materials handling business and we look forward to better meeting our customers' logistical needs by broadening our lift truck business," Toyota president and representative director Tetsuro Toyoda said.

Posted by Edel Quinn

Source: Toyota Industries press release, October 22nd

Gap News

March 2014

The Negotiation Roadshow 2014

Generating value through creative negotiation

Read more


July 2013

Trading Global: Negotiating in the Far East

The Gap Partnership are hosting a complimentary Lunch & Learn seminar in association with UK Trade & Investment

Read more


April 2013

GroceryAid Negotiation Event Raises £26,550

The Gap Partnership, in conjunction with Asda, SC Johnson and Waitrose, host one-day negotiation workshop

Read more


February 2013

Trading Global - Negotiating in the Far East

What is the impact of cultural differences on your negotiations?

Read more


December 2012

The Gap Partnership Release New Negotiation Video

The Nothing but Negotiation video series continues with collaborative negotiation

Read more