TOKYO, Apr 20 (Pulse News Wire) – Kobe Bussan CO.,LTD. (3038.T) announced today that its subsidiary, Sekihara Shuzo Co., Ltd., resolved to acquire all shares of Kashiwazake Brewery Co., Ltd.
During a board meeting held. Kobe Bussan aims to strengthen its production capacity and expand product categories through this acquisition, which aligns with its goal of achieving a unified manufacturing and sales system within the group. Kashiwazake Brewery's expertise in brewing techniques complements Sekihara Shuzo’s operations, enhancing their market position. Details of the transaction show that Kashiwazake Brewery was established on February 11, 1956, and has a capital of ¥47 million.
The acquisition price per share was determined based on a fair valuation by a third-party institution, though the total amount remains undisclosed due to confidentiality agreements. Financial highlights indicate that Kashiwazake Brewery reported revenues of 1,074 million yen in the latest fiscal year. The acquisition is expected to have a minor impact on Kobe Bussan's consolidated performance for the fiscal year ending October 2026. This move underscores Kobe Bussan's commitment to expanding its business footprint and improving operational efficiency within the sake industry.
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