Oilseed Processing Partners Japan, Ltd completed the acquisition of Oilseed processing in the Mizushima and Kurashiki Plant from The Nisshin OilliO Group,Ltd. and J-Oil Mills, Inc..
October 01, 2023
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Oilseed Processing Partners Japan, Ltd agreed to acquire Oilseed processing in the Mizushima and Kurashiki Plant from The Nisshin OilliO Group,Ltd. (TSE:2602) and J-Oil Mills, Inc. (TSE:2613) on February 20, 2023. The Nisshin OilliO Group and J-Oil Mills will transfer a portion of the assets, rights and obligations of their oilseed processing business to the new joint venture company. The transaction has already been approved by Nisshin OilliO Group, Ltd. and J-Oil Mills board of directors. The transaction is expected to close on April 3, 2023.
Oilseed Processing Partners Japan, Ltd completed the acquisition of Oilseed processing in the Mizushima and Kurashiki Plant from The Nisshin OilliO Group,Ltd. (TSE:2602) and J-Oil Mills, Inc. (TSE:2613) on October 2, 2023.
J-Oil Mills Inc is a Japan-based company mainly engaged in the manufacture and sale of edible oils and fats. The Fats and Oils segment mainly manufactures, processes and sells fats and oils and meals. The Processed Fats and Oils segment manufactures, processes, and sells margarine and powdered fats and oils. The Food and Fine Products segment mainly manufactures, processes and sells starch and chemicals. The Company is also involved in the provision of services include real estate leasing.
Oilseed Processing Partners Japan, Ltd completed the acquisition of Oilseed processing in the Mizushima and Kurashiki Plant from The Nisshin OilliO Group,Ltd. and J-Oil Mills, Inc..