Colowide Co.,Ltd. acquired Nippon Meika Sohonpo Co., Ltd. from Advantage Partners V, AP Cayman Partners III, L.P. and Japan Fund V, L.P. managed by Advantage Partners, Inc
April 31, 2024
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Colowide Co.,Ltd. (TSE:7616) entered into share transfer agreement to acquire Nippon Meika Sohonpo Co., Ltd. from Advantage Partners V, AP Cayman Partners III, L.P. and Japan Fund V, L.P. managed by Advantage Partners, Inc. on March 1, 2024. Nippon Meika Sohonpo reported net worth of ¥3.708 billion, total assets of ¥8.168 billion, sales of ¥5.931 billion, operating income of ¥395 million and net income of ¥106 million as at May 2023. The transaction is expected to close on April 1, 2024.
Colowide Co.,Ltd. (TSE:7616) completed the acquisition of Nippon Meika Sohonpo Co., Ltd. from Advantage Partners V, AP Cayman Partners III, L.P. and Japan Fund V, L.P. managed by Advantage Partners, Inc on April 1, 2024.
COLOWIDE CO., LTD. is a Japan-based company mainly engaged in the restaurant business. The Company has four business segments. The COLOWIDE MD segment is engaged in the operation of TETUSKURI IZAKAYA AMATARO, YUSYOKUZAMMAI NIJYU-MARU and other restaurants, as well as the development, procurement, manufacture and logistics of various food products. The ATOM segment is engaged in the operation of NIGIRI NO TOKUBE, SUTEKI MIYA and other directly managed restaurant chains, as well as the franchise (FC) restaurant business. The REINS International segment is engaged in the recruitment and management guidance of franchisees, as well as the planning and sale of products. The Kappa Create segment is engaged in the operation of directly managed sushi restaurants under the name Kappa Sushi, as well as the delicatessen business. The Company is also engaged in the development and sale of self-order total systems for restaurant business, as well as the wholesale and processing of marine products.
Colowide Co.,Ltd. acquired Nippon Meika Sohonpo Co., Ltd. from Advantage Partners V, AP Cayman Partners III, L.P. and Japan Fund V, L.P. managed by Advantage Partners, Inc