Advantage Partners has entered into a stock transfer agreement to sell all shares of Cosmo Life to Tokyo Electric Power Timeless Capital, facilitating further growth in Japan's bottled water industry.

Target Information

Advantage Partners, Inc. (AP Fund) has entered into a stock transfer agreement on December 14, 2021, to sell all shares of Cosmo Life, Inc. (hereinafter referred to as "Cosmo Life") to Tokyo Electric Power Timeless Capital, Inc. The transfer is scheduled to be executed on January 28, 2022. Cosmo Life has been conducting mineral water manufacturing and delivery services under the "Cosmo Water" brand since 2005. They offer a unique, self-developed water server and a one-way delivery system that eliminates container returns, providing a seamless delivery water service.

Since the investment by AP Fund in 2019, Cosmo Life has expanded its product offerings to include water purification server products under the "Humming Water" brand. The company has maintained its motto of delivering safety and reliability by sourcing delicious and high-quality natural water from selected regions across Japan directly to consumers. With the addition of the Humming Water business, Cosmo Life continues to serve a growing number of satisfied customers.

Industry Overview in Japan

Japan's bottled water industry has been experiencing steady growth, fueled by increasing health awareness and the demand for convenient, high-quality beverages. This market is characterized by a w