Tokyo – Frontier Management Inc. (CFI Japan) is pleased to announce that they acted as financial advisor to Fukukuru Foods, Inc in the transfer of the food and beverage business of the company to Tetsujin Inc.
FUKUKURU FOODS, K.K. is located in SHIBUYA-KU, TOKYO, Japan and is part of the bars & nightclubs industry.
TETSUJIN Inc. is a Japan-based company mainly engaged in the karaoke and restaurant business, as well as the media and content planning business. The company has two business segments. The Karaoke and Restaurant segment is engaged in the operation of karaoke room stores and karaoke and restaurant complex stores as well as complex cafe stores.
The transaction closed on 1 March 2020.
acquired a minority stake in