The Japanese ride manufacturer Sansei Yusoki is to invest in S&S Worldwide. As part of the deal, effective July 3, S&S will retain its headquarters and manufacturing facilities in Logan, Utah, and Rich Allen will stay on as president and CEO.
“The financial strength of Sansei, coupled with their strong engineering and manufacturing focus, will be a tremendous complement to S&S’s patented portfolio and strong sales success all around the world.” notes the company’s vice-president of sales and marketing, Kevin Rowher.
“It has been a pleasure getting to know the Sansei team, led by Makoto Nakagawa,” adds S&S chairman Jeff Koffman. “I am excited about his vision for the future. Both companies are convinced that, with the strength of the combined entities, S&S will gain further market share in the rollercoaster and high-end segment in the amusement industry.”
Based in Osaka, Sansei Yusoki also manufactures stage equipment, elevators and other specialist equipment in addition to amusement rides.