News Release
News
FUJI OIL HOLDINGS
Acquisition of Imagawa Co., Ltd operations
2005.4.8
Imagawa Co.,Ltd, a wholesale store of confectionery and bakery ingredients based in Oita city has been extending its business mainly with our products since its establishment in 1954. However, the owner of the company has no appropriate successor in his source and requested Fuji Oil to take over its business. Fuji Oil therefore acquired the entire share of the company and has taken over its operations.
Fuji Oil decided to take over the business, as there was a need to maintain and expand sales in Oita Prefecture without delay, while intending to intensify sales to the confectionery and bakery industry.
Henceforth, Fuji Oil will utilize the company as a base to further intensify the sales of confectionery and bakery ingredients in Oita Prefecture.
Description
Fuji Oil decided to take over the business, as there was a need to maintain and expand sales in Oita Prefecture without delay, while intending to intensify sales to the confectionery and bakery industry.
Henceforth, Fuji Oil will utilize the company as a base to further intensify the sales of confectionery and bakery ingredients in Oita Prefecture.
Description
End of report