Tokyo – Frontier Management Inc. (CFI Japan) is pleased to announce that they acted as financial adviser to CYBELE Co., Ltd. in the business transfer of all activities of the company to AS FOODS.
CYBELE Co., Ltd operates grocery stores in Japan.
The transaction closed on 3 June 2019.
has sold Toraku Foods Co.,Ltd.
Fuji Oil Holdings Inc. has sold Toraku Foods Co.,Ltd., which owns well-known brands and products that include chilled cup desserts, popular “Kobe Pudding” and “Raku Raku Whip”, to Marudai Food Co.,Ltd, that produces and sells ham, sausage, precooked food and fresh meat.
has sold its food and beverage business to
has acquired a majority stake in