Japan Meat Co.,Ltd. completed the acquisition of Hanamasa Co.,Ltd. from Zennisshoku Chain and its business partners.
August 07, 2014
Share
Japan Meat Co.,Ltd. (TSE:3539) agreed to acquire Hanamasa Co.,Ltd. from Zennisshoku Chain and its business partners on August 8, 2013. Japan Meat will acquire 0.01 million outstanding shares of Hanamasa. Zennisshoku holds 86% stake in Hanamasa. For the year ending June 30, 2013, Hanamasa reported sales of ¥26.7 billion and pretax profit of ¥330 million. The transaction is expected to complete by September, 2013.
Japan Meat Co.,Ltd. (TSE:3539) completed the acquisition of Hanamasa Co.,Ltd. from Zennisshoku Chain and its business partners on August 8, 2014.
JM HOLDINGS CO., LTD., formerly JAPAN MEAT CO.,LTD., is a Japan-based company mainly engaged in supermarket and other businesses. Supermarket Business segment is engaged in the wholesale of meat, food, fruits and vegetables, fresh fish and prepared foods. The Company is also engaged in the operation of large commercial facilities Japan meat store Shosekan, Kanto metropolitan area Japan meat store Wholesale Market, operated by power mart store Power Mart, operated by Hanamasa store Meat Hanamasa and others. The Company is also engaged in the restaurant business, event-related business and outsourcing business.
JM HOLDINGS CO.,LTD. 
