Japanese food group Meiji Co. has sold assets to local peers Fujimoto and Zennochi for an undisclosed sum.
Tokyo-based Meiji, a subsidiary of Meiji Holdings, has sold its Meiji Rice Delica cooked rice and distribution business to Fujimoto Foods. Post-deal it will be known as Fujimoto Rice Delica.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Fujimoto Foods is a manufacturer of prepared foods and “miscellaneous food specialities”.
Meiji has also sold its Asahi Broiler chicken business to Zennochi Chicken Foods Co., a business engaged in processing and selling chicken.
The deals follow the sale in October of Meiji’s meat subsidiary Meiji Keno Ham Co. to local meat processor Yonekyu Corp. A Meiji spokeperson told just-food at the time that it had decided to exit the meat business.
Meiji’s product range includes dairy products, chocolate and other confectionery, sports nutrition items and chilled and frozen foods.
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 GlobalDataIts products are marketed under brands including Meiji Milk Love, Meiji Pizza and Xylish Gum.
