Acquisitions · Homebuilding
Sekisui House buys western US homebuilder Woodside Homes for $468 million
- Buyer
- Sekisui House (Osaka)
- Target
- Woodside Homes, Utah
- Value
- $468M; about ¥53.3B including fees
- Status
- Completed in February 2017.
- Date
- 2017-02-22
Sekisui House bought Woodside Homes, a Utah-based homebuilder active in the western US, for $468 million. Including fees, the cost was about ¥53.3 billion.
Why it matters
The deal gives Sekisui House its own homebuilding operation in the US West, adding home sales to its existing US development business.
Sources
Kakehashi M&A News home
