Valore Holdings, a private investment firm focused on complex, value-oriented opportunities, has completed the acquisition of Mirai Casting Group from Proterial, Ltd., positioning the century-old supplier as a standalone platform amid ongoing shifts in global mobility and decarbonization-driven standards.
Mirai traces its roots to 1910, when its precursor, Tobata Foundry, began manufacturing automotive components. Over more than a century, the company has built capabilities spanning casting, machining, product design, and material development, serving automotive customers across multiple geographies and vehicle categories.
In recent years, Mirai has broadened its portfolio in response to evolving environmental regulations, including the introduction of ceramic diesel particulate filter products used in commercial vehicle exhaust treatment. The company now operates a global R&D and manufacturing footprint across Japan, Korea, the United States, and India.
Valore said Mirai will continue to be led by Global President Toru Iwanaga and Chief Financial Officer Yuji Minami, with no changes planned to day-to-day operations, organizational structure, or strategic direction. Valore characterized the deal as a long-term partnership, with plans to support Mirai through sustained capital investment and operational value creation.
Financial terms were not disclosed. Nomura Securities International, Inc. served as exclusive financial advisor and placement agent, and Alpina Advisors, Ltd. served as lead legal advisor to Valore.
KEY QUOTES
“Mirai’s reputation has been earned through more than a century of disciplined execution. We are excited to partner with the company as it builds on that foundation,”
Graydon Sheinberg, Managing Partner, Valore
“Mirai exemplifies the type of business and leadership team we seek to back. It is a privilege to work with a company held in such high regard across its industry.”
Tom Griffiths, Managing Partner, Valore
