JAPAN: Snow Brand Milk sells stake in distribution arm to Kirin and Asahi
The two Japanese beer prducers Kirin Brewery and Asahi Breweries are to each acquire a 3% stake in Yukijirushi Access Inc, the distribution business owned by Snow Brand Milk Products Co. The 3% stakes will cost the brewers ¥1,163.28 (US$9.48m) and reduce Snow Brand's stake in the business to 27.72%.
The two Japanese beer prducers Kirin Brewery and Asahi Breweries are to each acquire a 3% stake in Yukijirushi Access Inc, the distribution business owned by Snow Brand Milk Products Co.
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 suitedelivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.