Kanematsu Corporation officially becomes strategic shareholder of ATAD

Kanematsu Corporation officially becomes strategic shareholder of ATAD

ATAD Steel Structure Corporation, a leading steel structure company in Vietnam, has announced that from April 2021, Japan’s Kanematsu Corporation has completed transaction procedures and officially became the company’s strategic shareholder.

Established in 1889 and headquartered in Tokyo with five branches in Japan and 36 offices worldwide, Kanematsu Corporation operates in a variety of sectors including steel, materials and plant, electronic and devices, motor vehicles and aerospace, foods, and meat and grain.

Pursuing a sustainable development strategy, in recent years, Kanematsu considers construction and infrastructure one of the most important business areas in the steel sector. The company targets boosting investment footprints in foreign markets as part of its global expansion strategy.

The firms, in which Kanematsu is a shareholder, are spreading across diverse continents such as the US, China, Thailand, Indonesia, Ireland, and Poland. ATAD is the only steel structure company in Vietnam engaged with Kanematsu as a strategic shareholder.

The partnership with Kanematsu Corporation marks an important milestone in the journey of establishment and development of ATAD. With long-term cooperation and strategic support from Kanematsu, a reputed corporation, with outstanding management and experience of more than 130 years in Japan and many countries around the world, ATAD would have great opportunities to improve management capabilities, develop high-quality steel structure products on par with international standards, enhance competitiveness, and better satisfy customers' requirements.

The move not only marks a watershed in ATAD's history but also helps foster partnership ties between large corporations of Vietnam and Japan.

The headquarters of Kanematsu Corporation in Tokyo, Japan

VIR