Latest News

Back to Latest News back

 

Japan’s Kotobuki Seating looks to expand with Singapore acquisition

Japan’s Kotobuki Seating looks to expand with Singapore acquisition
September 6, 2016

Kotobuki Seating, the Tokyo-based manufacturer of public venue seating, is looking to expand its competitiveness and secure lucrative international stadium seating contracts with the acquisition of Singapore’s Ferco Seating Systems.

In a deal believed to be worth about 500 million yen (US$4.82 million), Kotobuki Seating is to make a Ferco a wholly owned subsidiary business.

Ferco has a track record of delivering seats for sports stadiums, including Rio de Janeiro’s Maracana Stadium, Brazil’s iconic football stadium and the the venue for the 2016 Olympics opening and closing ceremonies.

Kotobuki wants to increase its chances of winning such contracts at home, particularly in supplying venues for the 2020 Tokyo Olympics -- including the National Stadium in Tokyo.

Kotobuki's Ferco acquisition is also the latest in a series of overseas deals dating back to the 1980s, with Kotobuki currently having USA-based Interkal, United Kingdom-based Audience Systems and French company Quinette Gallay Renaissance in its stable.

Ferco was established in 1983 by British national Tim Barr, who currently serves as its Chief Executive and sales totalling 1.8 billion yen in 2014/15.

In addition to general spectator seating it also produces electric reclining seats and leather seats with footrests for luxury sections of cinemas.

In addition to Maracana Stadium, Ferco has supplied seats to Allianz Arena, Munich, Germany, home of Bayern Munich, and the London Aquatics Centre, where swimmers competed during the 2012 London Olympics.

Kotobuki aims to win major contracts in partnership with Ferco and other overseas subsidiaries, which offer different designs and price ranges.

The Japanese company plans to maintain Ferco's brand and unique designs with both company’s working together on matters such as improving the strength, cushioning and heat retention of seats.

For more information go to www.fercoseating.com and www.kotobuki-seating.co.jp/en

Image: Ferco's seating at Rio de Janeiro’s Maracana Stadium, the venue for the 2016 Olympics opening and closing ceremonies.

25th May 2016 - JAPAN’S NEW 45 TEAM BASKETBALL LEAGUE SET FOR OCTOBER START

29th January 2016 - TOKYO 2020 PUBLISHES EARLY PLANS FOR ‘SUSTAINABLE, MINIMAL IMPACT’ OLYMPICS

14th December 2015 - JAPAN SPORTS COUNCIL REVEALS NEW TOKYO OLYMPIC STADIUM DESIGNS

4th December 2015 - JAPANESE GOVERNMENT AGREES DEAL TO FUND TOKYO OLYMPIC STADIUM 

2nd July 2012 - BIGGER SEATS AT PERTH STADIUM TO BATTLE HOME COMFORTS


Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?

The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.

However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.

Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.

Subscriptions cost just $90 a year.

Click here to subscribe.

 

supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all

QUAYCLEAN

Quayclean are a national cleaning and waste services partner with proven results in the understanding and delivery of cleaning needs and challenges faced by facilities including; major venues and…

read more

Aquatics / Hospitality / Surfaces / Venues

 
 

PAYSMART

Headquartered in Brisbane with an Australia-wide network of satellite offices, PaySmart is one of Australia’s largest and longest-standing direct debit billing companies. In 1996 we began…

read more

Access / Billing / Fitness / Technology

 
 

@leisure Planners

@leisure is a team of experienced leisure, aquatic and sports facility managers and planners, with market modelling, sports management, recreation planning, business and GIS qualifications. We have…

read more

Consultants

 
 

WATERPLAY Solutions Corp

Whether your goal is increasing your centre's revenues or creating an engaging environment, why not add play to your project? If you're looking for stylish aquatic play features, kid-tested…

read more

Aquatics / Attractions / Play / Recreation / Waterparks

 
 

Tim Batt Water Solutions

Tim Batt Water Solutions are at the very forefront of the commercial aquatic business in Australia, with over 30 years specific experience supplying and installing chemical control and dosing…

read more

Aquatics / Environment / Recreation / Technology / Venues

 
 

The P.A. People

The P.A. People is a specialist integrator and contractor in sound reinforcement, audio visual systems, performance lighting and production communications. Over its almost 50 year history the company…

read more

Entertainment / Events / Sport / Technology / Venues

 
 

SportEng

SPORTENG specialises in the Planning, Design and Construction inspection of Fields of Play for all sports. Blending engineering with the specialist knowledge gained from working closely with sport…

read more

Consultants / Recreation / Sport / Surfaces / Venues

 
 

Smart Connection Consultancy

Smart Connection Consultancy is a boutique sport and recreation consultancy who has become one of Australia’s leading advocates for the use of synthetic sports surfaces as a vehicle to grow…

read more

Consultants / Recreation / Sport / Surfaces

 
 
 
 

get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business