Inaba Foods Co.,Ltd. completed the acquisition of 87.86% stake in Yaizu Suisankagaku Industry Co.,Ltd. from Ssk Foods Co.,Ltd., Shizuoka Engyo K.K., Belle Carriere Co., Ltd. and other shareholders.
March 25, 2024
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Inaba Foods Co.,Ltd. entered into a tender offer agreement to acquire Yaizu Suisankagaku Industry Co.,Ltd. (TSE:2812) from Ssk Foods Co.,Ltd., Shizuoka Engyo K.K., Belle Carriere Co., Ltd. and other shareholders for ¥16.4 billion on February 5, 2024. EY Strategy and Consulting Co., Ltd. acted as financial advisor to Inaba Foods Co.,Ltd. Anderson Mori & Tomotsune LPC acted as legal advisor to Inaba Foods Co.,Ltd. Mori Hamada & Matsumoto LPC acted as legal advisor to Yaizu Suisankagaku Industry Co.,Ltd. Mizuho Securities Co., Ltd. acted as financial advisor to Yaizu Suisankagaku Industry Co.,Ltd.
Inaba Foods Co.,Ltd. completed the acquisition of 87.86% stake in Yaizu Suisankagaku Industry Co.,Ltd. (TSE:2812) from Ssk Foods Co.,Ltd., Shizuoka Engyo K.K., Belle Carriere Co., Ltd. and other shareholders on March 26, 2024.
YAIZU SUISANKAGAKU INDUSTRY CO.,LTD. is a Japan-based company engaged in the manufacture and sale of seasonings, functional foods, seafood and other foods. The Company operates through three business segments. The Seasoning segment is engaged in the production of various extracts, oils, soups, powder seasonings, flavored seasonings, various low-salt seasonings, mustard and other spices. The Functional Materials segment is engaged in the production of marine functional materials such as chitin, chitosan, oligosaccharides and theaflavins. The Marine Products segment is engaged in frozen tuna and bonito processing business, marine products wholesaler business, warehouse business and others.
Inaba Foods Co.,Ltd. completed the acquisition of 87.86% stake in Yaizu Suisankagaku Industry Co.,Ltd. from Ssk Foods Co.,Ltd., Shizuoka Engyo K.K., Belle Carriere Co., Ltd. and other shareholders.