Morinaga Milk Industry Co., Ltd. completed the acquisition of additional 33.27% stake in Nutrico Morinaga Limited from ICI Pakistan Limited and 11 minority shareholders.
January 17, 2023
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Morinaga Milk Industry Co., Ltd. (TSE:2264) agreed to acquire an additional 33.27% stake in Nutrico Morinaga (Private) Limited from ICI Pakistan Limited (KASE:ICI) and 11 minority shareholders for Ñ7.69 billion on July 14, 2022. The contract is expected to be signed on July 15, 2022. The date of execution of Share Purchase Agreement is expected to be August 26, 2022.
Morinaga Milk Industry Co., Ltd. (TSE:2264) completed the acquisition of additional 33.27% stake in Nutrico Morinaga (Private) Limited from ICI Pakistan Limited (KASE:ICI) and 11 minority shareholders on January 18, 2023.
Morinaga Milk Industry Co., Ltd. is a Japan-based company mainly engaged in the food business. The Company is mainly engaged in the manufacture and sale of milk products, dairy products, beverages, yogurt products, desserts, ice cream products, condensed milk products, cheese, butter, baby food, health food and other products. The Company is also engaged in the purchase and sale of feed products and pet food, the design and construction of plant facilities, the rental of real estate, as well as the transportation and warehousing business.
Morinaga Milk Industry Co., Ltd. completed the acquisition of additional 33.27% stake in Nutrico Morinaga Limited from ICI Pakistan Limited and 11 minority shareholders.
MORINAGA MILK INDUSTRY CO., LTD. 
