Beverly Hills, Calif. & Tokyo, Feb 06 — Valore Holdings (“Valore”), a private investment firm specializing in complex, value-oriented opportunities, has completed the acquisition of Mirai Casting Group (“Mirai”) from Proterial, Ltd. (“Proterial”).
Mirai traces its technical heritage to 1910, when its precursor, Tobata Foundry, began manufacturing automotive components. For more than a century, the Company has served automotive customers through its differentiated capabilities in casting, machining, product design, and material development. In recent years, Mirai has expanded its product portfolio to meet evolving global environmental standards, including the introduction of ceramic diesel particulate filter (DPF) products for commercial vehicle exhaust treatment.
Today, Mirai’s global R&D and manufacturing footprint spans Japan, Korea, the United States, and India, supporting a rapidly evolving mobility ecosystem amid the global transition toward decarbonization.
Following the transaction, Mirai will continue to be led by its Global President, Toru Iwanaga, and Chief Financial Officer, Yuji Minami. There will be no changes to day-to-day operations, organizational structure, or strategic direction. Valore is committed to long-term partnership and stewardship, supporting the Company’s employees, customers, and partners through sustained capital investment and operational value creation.
“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,” said Graydon Sheinberg, Managing Partner of Valore. “Mirai exemplifies the type of business and leadership team we seek to back,” added Valore Managing Partner Tom Griffiths. “It is a privilege to work with a company held in such high regard across its industry.”