A unit of US confectioner Mars has unveiled a ¥26.6bn (US$221.2m) all-share offer for Japanese vending machine parts manufacturer Nippon Conlux.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


Mars Electronics International, which makes transaction electronic products, is offering ¥710 per share, a 48.7% premium over the average closing price of the last six months.


“It’s a good premium and it reflects the value of the company and its prospects,” MEI President Steve Owens told Reuters in an interview. “It’s a very fair deal, so we are expecting a high percentage take up.”


The deal is supported by the board of Nippon Conlux and is dependent on MEI receiving more than half of the outstanding shares in the company.


MEI said the bid was the first takeover offer in Japan by the Mars group.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact