Long Black Partners Group Enhances Business Succession Efforts
In a significant move to bolster business succession and growth in Japan, Long Black Partners Group has announced the acquisition of shares in
Utsunomiya Paint Industry Co., Ltd. through its
Keisho Japan No. 2 Fund. This initiative is designed to support the company as it approaches its 50th anniversary and aims to strengthen its future growth trajectory.
Investment Overview
The partnership between Long Black Partners Group’s subsidiary,
LBPI Co., Ltd., and Utsunomiya Paint marks a pivotal step toward ensuring sustainable business practices and promoting the company’s ongoing development in the infrastructure sector of the Kanto region. With the support of
Gunma Bank and its investment arm,
Gunma Regional Co-Creation Partners, the collaboration strives to cultivate Utsunomiya Paint into a century-old enterprise.
Utsunomiya Paint Industry Co., Ltd. at a Glance
- - Company Name: Utsunomiya Paint Industry Co., Ltd.
- - Chairman: Aya Utsunomiya
- - Location: 1707-3 Himurocho, Utsunomiya City, Tochigi Prefecture
- - Business Scope: Road equipment construction and architectural painting
- - Established: 1976
- - Website: Utsunomiya Paint
Utsunomiya Paint has played a crucial role in contributing to infrastructure development across Tochigi Prefecture and the Kanto region. The company is dedicated to talent development and has fostered a solid management approach over the years. As part of its growth strategy leading up to its 50th anniversary, Utsunomiya Paint plans to invest significantly in its human resources and operational frameworks through this funding initiative.
Investor Partnerships
The
Keisho Japan No. 2 Investment Limited Partnership collaborates closely with
Gunma Regional Co-Creation Investment Limited Partnership, aiming to derive mutual benefits from their combined resources and expertise:
- LBPI Co., Ltd.
- Gunma Regional Co-Creation Partners Co., Ltd.
- Small and Medium Enterprise Agency and eight additional companies
- Gunma Bank
- Keisho Japan No. 2 Fund: ¥6.3 billion (as of August 2025)
- Gunma Fund: ¥3 billion
Investment Objectives
The primary objective of the Keisho Japan No. 2 Fund is to facilitate business succession and support growth opportunities in various sectors, particularly aimed at revitalizing local economies by nurturing robust, established businesses.
It was established with funds sourced from the
Small and Medium Enterprise Agency and local financial institutions, aimed specifically at aiding small and medium-sized enterprises that form the backbone of Japan’s economy.
Conclusion
With this strategic investment in Utsunomiya Paint Industry, Long Black Partners is not only fostering a key player in regional infrastructure but also reinforcing its commitment to enhancing the capabilities of small businesses in Japan. As such, this venture serves as a future pathway for sustainable growth and innovation in the construction and paint industry, effectively bridging the past with the future.
For further inquiries about this investment and its impacts on the community, please contact:
Long Black Partners Group Management Department
Tel: 03-6674-2314
E-mail:
[email protected]