Harashin Narus Holdings Co is to acquire the Japanese bread and confectionery producer Bon Ohashi Co for JPY8m (US$66,300) on 26 July, according to local reports.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Through the deal, the Japanese retailer is looking to strengthen its competitive power, the report said.
On the same day, Bon Ohashi will carry out a 100% capital decrease of its JPY78m registered capital and fund it anew with JPY8m through a third-party allocation.
