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Maruichi Sansho forms aquaculture business division after acquiring Dainichi

PRIVATEOct 08, 2024

Acquiring Company

Maruichi Sansho

Acquired Company

Dainichi

NaganoUwajimaBiotechnologyAgriculture and FarmingAgriculture and Farming

Description

Nagano, Japan-headquartered Maruichi Sansho has completed the acquisition of Dainichi for JPY 11.15 billion (USD 78.6 million, EUR 70.6 million) and is now establishing an aquaculture business division. The acquisition is part of Maruichi Sansho's strategic move to revitalize production areas in the marine products field and to capitalize on shifting dynamics in Japan’s seafood industry. Maruichi Sansho aims to boost its overseas sales through synergies and the development of new markets.

Quick answer

Maruichi Sansho is acquiring Dainichi, announced October 8, 2024. Maruichi Sansho is based in Nagano, Nagano Prefecture, Japan.

How much did Maruichi Sansho pay for Dainichi?
The deal value was not disclosed.
What does Maruichi Sansho do?
Maruichi Sansho is a Nagano, Japan-headquartered company with a focus on the aquaculture industry.
Where are Maruichi Sansho and Dainichi based?
Maruichi Sansho is based in Nagano, Nagano Prefecture, Japan. Dainichi is based in Uwajima, Ehime Prefecture, Japan.

Source: Fundz verified event record.

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Company Information

Company

Maruichi Sansho

Location

Nagano, Nagano Prefecture, Japan

About

Maruichi Sansho is a Nagano, Japan-headquartered company with a focus on the aquaculture industry. With the recent acquisition of Dainichi, Maruichi Sansho is forming an aquaculture business division to capitalize on shifting dynamics in Japan’s seafood industry and to revitalize production areas in the marine products field. Maruichi Sansho aims to build a business model for revitalizing production areas and boost its overseas sales through synergies and the development of new markets.

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Frequently asked

Who acquired Dainichi?

Dainichi was acquired by Maruichi Sansho, based in Nagano. The deal was reported on October 8, 2024. Maruichi Sansho is a Nagano, Japan-headquartered company with a focus on the aquaculture industry. Maruichi Sansho is privately held and operates in Biotechnology.

When did Maruichi Sansho acquire Dainichi?

Maruichi Sansho's acquisition of Dainichi was reported on October 8, 2024. Nagano, Japan-headquartered Maruichi Sansho has completed the acquisition of Dainichi for JPY 11.15 billion (USD 78.6 million, EUR 70.6 million) and is now establishing an aquaculture business division. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Dainichi do?

Dainichi is based in Uwajima, Japan, and is engaged in feed manufacturing, fish cultivation, importing, processing, and sales. It is privately held, operating in Agriculture and Farming, and is based in Uwajima.

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