Kagoshima Buns Co., Ltd. announced that it has received ¥57 million in funding from AP Company Co., Ltd. and other investors.
April 11, 2014 at 12:00 am
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Kagoshima Buns Co., Ltd. announced that it has received ¥57 million in an equity round of funding on April 11, 2014. The transaction included participation from producers, which invested for ¥9.9 million and increased its stake from 6.67% to 25.25%, new investor, AP 6th Industrialization Fund, which invested ¥30 million and acquired 50% stake in the company, and existing investor, AP Company Co., Ltd., which invested ¥17.1 million in the transaction. The stake of AP Company Co., Ltd. and other investors decreased to 24.75% from 93.33% in the company.
On April 11, 2014, Kagoshima Buns Co., Ltd. closed the transaction.
AP Holdings Co Ltd, formerly AP Company Co Ltd, is a Japan-based company mainly engaged in the manufacture, distribution and sale of chickens, fishes and other food products by production and distribution directly connected model. The Company operates in two business segments. The Production and Distribution segment is involved in the selection, production, processing and sale of ingredients through local subsidiaries, and the provision of distribution solutions such as distribution costs, freshness, surplus parts and store delivery frequency, as well as the food and beverage distribution business, the production and processing of local chickens and fresh fishes, the trading and sale of fruits and vegetables, and the operation of poultry farms and ranches. The Sales segment is involved in the sale of branded products through creating brand stories, as well as the operation of restaurants and licensed stores.
AP HOLDINGS CO.,LTD. 
