Asia Digest: Nippon Investment acquires Pieroth Japan; NZ's EV maker UBCO raises $10m

Asia Digest: Nippon Investment acquires Pieroth Japan; NZ's EV maker UBCO raises $10m

Japanese investment firm Nippon Investment Company has acquired the local unit of German winemaker and distributor Pieroth Wein AG for an undisclosed sum, while New Zealand-based electric motorbike maker UBCO has raised $10 million to fast track its global expansion.

Nippon Investment acquires wine distributor Pieroth Japan

Japanese investment firm Nippon Investment Company (NIC) has acquired the Japan-based subsidiary of German winemaker and distributor Pieroth Wein AG, according to announcements by the deal advisors.

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