Sanwa Holdings Corporation TSE:5929

Sanwa : Announcement of the acquisition of Motion Access, LLC USA

Published

Source: MarketScreener

Sanwa Holdings Corporation (hereinafter "Sanwa") is pleased to announce that Overhead Door Corporation ("ODC"), a wholly owned subsidiary of Sanwa, has acquired the business and operating assets of Motion Access, LLC, a leading provider of automatic pedestrian door solutions, specializing in door operators, replacement parts, retrofit solutions, and rebuilt equipment.

1. Purpose of the acquisition

Sanwa, operating in four main regions globally, namely Japan, North America, Europe, and Asia, is a major global player in the steel building products industry through our "Expand and Strengthen Core Business Sector" strategy.
ODC is a leading manufacturer and distributor of garage doors, commercial doors, door openers and automatic doors in North America.
Motion Access is widely respected for its technical expertise and customer support and a trusted provider of automatic entrance solutions. This acquisition strengthens our aftermarket and service capabilities, expands our product offering, and further enhances our competitive position in the automatic entrance market.

2. Overview of the Business

(1) Company Names Motion Access, LLC
(2) Head Office Elk Grove Village, IL, USA
(3) Name and title of Representative Joseph Madden, Robert Oakley, Gilbert Valencia, and Michael Valencia
(4) Business Activities Developer and supplier of automatic pedestrian door operators and aftermarket solutions across North America
(5) Year of establishment 2004

3. Date of Acquisition

Assets Purchase Agreement [August 24, 2026]

4. Further Impact on Sanwa's financial performance

The impact on Sanwa's consolidated financial performance is minor.

(Reference) Company overview of ODC

(1) Company Name Overhead Door Corporation
(2) Head Office Lewisville, TX, USA
(3) Name and title of Representative Kelly Terry, President & CEO
(4) Business Activities Manufacturing, Sales and Installation of Garage Doors, Commercial Doors, Door Operators and Automatic Doors in North America
(5) Year of establishment 1921