MICROWAVE VISION GROUP announces the participation of Japanese partner PTT in its share capital.6 décembre 2012
The shares were purchased on the Capital Market and presently raise PTT’s share of capital in MVG to 1%. This equity stake by a Japanese partner reinforces the longstanding and rooted collaboration between the two companies in a strategic market.
Philippe Garreau, President of MICROWAVE VISION GROUP, announces: “PTT is our commercial agent but above all, a partner. Our ties have resulted in a fruitful collaboration for over 12 years. This entry in the capital of MVGdemonstrates our mutual trust. Japan plays a key role in our expansion plans for Asia. The financial participation of PTT will allow us to strengthen synergies between the two companies.”
Yuji Yamamoto, President of PTT adds: “12 years have passed since we commenced good business with MVG in 2000. We have acted as MVG’s exclusive agent in Japan all that time and acquired shares to further strengthen ties with MVG. On this occasion we, both MVG and PTT, intend to positively undertake the task of expansion of product sales not only in Japan but also across Asia.”#HIGH TECHNOLOGY #INTERNATIONAL #JAPAN