Fujicco Completes Thailand Food Unit Acquisition, Sets Up Holding Company

MT Newswires Live

2025/12/29

Fujicco (TYO:2908) said it has completed the acquisition of shares in Thailand-based FB Food Service (2017) Co., making it a subsidiary, and has finished procedures to establish an intermediate holding company in Thailand, according to a Monday filing on the Tokyo Stock Exchange.

The company completed the purchase of FB Food Service shares on Nov. 3. FUJICCO FOODS ASIA Co. was established on Dec. 8 and subsequently acquired all remaining shares of FB Food Service on Dec. 24, resulting in FB Food Service becoming a consolidated subsidiary.

Fujicco now holds a 30% stake in FB Food Service, with the remaining 51% held by FUJICCO FOODS ASIA and 19% by Sojitz (TYO:2768). The total acquisition cost for Fujicco, including advisory fees, is estimated at 542 million yen.

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FUJICCO FOODS ASIA Co. was established on Dec. 8 and subsequently acquired all remaining shares of FB Food Service on Dec. 24, resulting in FB Food Service becoming a consolidated subsidiary.</p><p>Fujicco now holds a 30% stake in FB Food Service, with the remaining 51% held by FUJICCO FOODS ASIA and 19% by Sojitz (TYO:2768). The total acquisition cost for Fujicco, including advisory fees, is estimated at 542 million yen.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FB","symbol_name":"ProShares S&P 500 Dynamic Buffer ETF","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2595788816","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2595788816","pubTimestamp":1766995952,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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