Marathon Calfine Deal
2025-04-11 03:44:44

Marathon Capital Partners Forms Strategic Alliance with Calfine in Japan

Partnership Announcement: Marathon Capital and Calfine



In a significant move to enhance limestone mining and processing in Japan, Marathon Capital Partners, a Tokyo-based investment firm, has officially formed a capital business alliance with Calfine Co., Ltd. This partnership was announced following the establishment of a special purpose company funded by Marathon's first investment business limited liability partnership (Marathon 1 Fund) on March 31, 2025.

Overview of Calfine


Founded in 1955 with investment from Dowa Holdings, formerly known as Dowa Mining Co., Ltd. (listed on the Tokyo Prime market), Calfine has established itself over nearly 70 years as a core player in the limestone industry. With its headquarters situated in Takahashi City, Okayama Prefecture, Calfine has been a pivotal provider of limestone products that support various industries throughout Okayama and Hiroshima.

The company's commitment to delivering high-quality limestone has enabled it to forge strong relationships with its partners and clients, securing its status as a regional cornerstone. Calfine's operations include the extraction, processing, and sales of limestone, which is used in a wide range of applications, from construction to agriculture.

Marathon Capital's Support for Growth


Marathon Capital's involvement represents a strategic investment aimed at supporting Calfine through various initiatives, including business succession assistance and organizational structure enhancements. The partnership is poised to not only amplify Calfine's operational capacity but also to contribute significantly to the local economy. Marathon Capital has expressed its commitment to providing comprehensive support to facilitate further growth for Calfine as they continue to address the increasing demand for limestone products in the region.

Corporate Backgrounds


  • - Calfine Co., Ltd.
- CEO: Yoshinori Higashi
- Location: 2111-3 Matsubara-dori, Takahashi City, Okayama, Japan
- Established: 1955
- Website: calfine.co.jp

  • - Marathon Capital Partners, Inc.
- CEO: Toshinori Ono
- Location: 21F, Shin Marunouchi Center Building, 1-6-2 Marunouchi, Chiyoda, Tokyo, Japan
- Established: April 2021
- Website: marathoncapital.co.jp

This partnership signals a promising future for both companies, paving the way for enhanced resource management and sustainable development in the limestone mining sector. As they embark on this collaborative journey, the synergy between Marathon Capital and Calfine stands to benefit not only their organizations but also the broader community in Okayama and Hiroshima.


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Topics Business Technology)

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