Sansei Technologies Acquires Vekoma Rides

Sansei Technologies (Sansei), a company listed on the Tokyo Stock Exchange, has recently acquired Dutch manufacturer Vekoma Rides (Vekoma) to increase its global market share in the field of designing, supplying and installing rollercoasters. Through the transaction, 100 percent of the Vekoma shares are taken over by Sansei. In 2017, the Japanese company achieved a turnover of around 225 million Euros, largely from the sale of attractions to amusement parks and dynamic stage installations to theatres. With the deal, Vekoma seeks to further expand its leading position in the worldwide rollercoaster and attractions market.

“In recent years, a solid foundation has been laid, in which safety, innovation, quality and customer satisfaction have served as spearheads of our policy. In Sansei, we have found a reputable partner, with equivalent standards and values, who can offer continuity to the company and bring us even further. Through their presence and contacts, we also see opportunities to better serve new regions, such as Japan, Southeast Asia and Northamerica,” explains Kees van Biert, Chairman of the Vekoma Supervisory Board.

Makoto Nakagawa, CEO of Sansei, joins van Biert and Arnold Steenbakker on the Supervisory Board. Furthermore, the conditions of the acquisition stipulate that no changes may be made to Vekoma’s strategy, management, terms of employment and the location of the business. The company will continue its activities under the same trade name as an independently operating company. (eap)