Yamazaki Baking Co., Ltd. agreed to acquire Packaged Bread Business Of Kobeya Baking from Kobeya Baking Co., Ltd.
August 25, 2022
Share
Yamazaki Baking Co., Ltd. (TSE:2212) agreed to acquire Packaged Bread Business Of Kobeya Baking from Kobeya Baking Co., Ltd. on August 26, 2022. Houlihan Lokey, Inc. acted as financial advisor to Yamazaki Baking.
YAMAZAKI BAKING CO., LTD. is a Japan-based company mainly engaged in the food business. The Company operates in three business segments. The Food segment manufactures bread, Japanese and western confectionery and sells its products to family-operated retailers, mass retailers, convenience stores and other retailers. The segment is also involved in the manufacture and sale of bakery products, the operation of bakery cafes in both domestic and overseas markets. The Distribution segment is engaged in the operation of convenience stores and food supermarkets. The Others segment is engaged in the logistics business, the design, supervision and construction of food manufacturing facilities, the non-life insurance agency business, as well as the manufacture and sale of cleaning agents for baking equipment.
YAMAZAKI BAKING CO., LTD. 
