Global Sun Holdings is acquiring Genshuichi Miso from Sapporo Holdings to expand its Hikari Miso brand and optimize its business portfolio.
Target Company Overview
Hikari Miso, based in Shimosuwa, Nagano Prefecture, specializes in the production and sale of miso, instant miso soup, and processed food products. The company has established a strong reputation in the market since its founding in 1936. This acquisition will expand Hikari Miso's portfolio and strengthen its position in the Japanese food industry.
The target of this acquisition, Genshuichi Miso, is a long-standing producer of miso with roots dating back to 1662. Known for its 'Mikochan' brand, Genshuichi Miso operates as a subsidiary of Sapporo Holdings, contributing to the rich heritage and tradition of miso production in Japan.
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Industry Overview in Japan
The Japanese food industry is characterized by its emphasis on traditional and high-quality ingredients, particularly in the sector of fermented products like miso. Miso is a staple in Japanese cuisine, valued
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