Kanemi Co.,Ltd. completed the acquisition of Nagai Co. Ltd, food manufacturing business from Nagai Co Ltd.
December 14, 2016
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Kanemi Co.,Ltd. (JASDAQ:2669) agreed to acquire Nagai Co. Ltd, food manufacturing business from Nagai Co Ltd on October 31, 2016. The acquisition comprises Adachi and Akita factory. The consideration will be paid in cash. The deal is expected to close by December 15, 2016.
Kanemi Co.,Ltd. (JASDAQ:2669) completed the acquisition of Nagai Co. Ltd, food manufacturing business from Nagai Co Ltd on December 15, 2016. The acquisition comprises Akita factory only.
Kanemi Co.,Ltd. is a Japan-based company mainly engaged in the manufacture and sale of bento boxes, sushi, rice balls, side dishes, among others. The Company operates through two business segments. The Tenant segment is involved in the production and sale of sushi and prepared dishes through general side dish shops, sushi specialty shops and western-style side dish shops opened in supermarkets and the other, as well as the operation of Japanese restaurants and sushi restaurants. The External Sale segment is involved in the manufacture and delivery of bento boxes, rice balls and prepared dishes for convenience store members.