Tsuruha Holdings has divested its vending machine subsidiary Seberal to iPark as part of a strategic realignment of its core operations.
Target Company Information
Tsuruha Holdings (Ticker: 3391), a leading drugstore chain in Japan, has decided to divest its subsidiary Seberal, which specializes in vending machine leasing and beverage sales. The divestiture of Seberal, located in Kawaguchi City, Saitama Prefecture, is part of Tsuruha Holdings' strategic reassessment of its group operations.
Seberal operates in the vending machine and beverage sector, offering a range of products through automated solutions that cater to consumer needs. By selling Seberal, Tsuruha Holdings aims to focus on its core business of drugstore retail while enabling Seberal to continue growth under new ownership.
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Industry Overview
The vending machine industry in Japan is a significant sector, known for its advanced technology and widespread placement in urban areas. Japan boasts one of the highest numbers of vending machines per capita globally, und
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