Misumi Group completes acquisition of Fictiv Inc.

Misumi Group (TSE:9962) announced the completion of its acquisition of Fictiv Inc. on June 18, 2025, turning Fictiv into a fully-owned subsidiary. The initial announcement regarding the acquisition was made on April 17, 2025. The purchase includes Fictiv’s common stock for approximately USD 350 million, and advisory fees around USD 11 million, totaling USD 512 million. As of December 2024, Fictiv Inc. had total assets worth USD 45.165 million and equity of USD 12.206 million. In 2024, Fictiv generated sales of USD 72.452 million, but saw an operating loss of USD 24.489 million, and a net loss attributable to the parent company of USD 24.719 million. Misumi is currently assessing the impact of the acquisition on its consolidated financial results.