Company name: Asahi Group Holdings, Ltd
President and Representative Director: Naoki Izumiya
Stock Ticker Number: 2502
Stock Exchanges: Tokyo and Osaka (First Section each)
Contact: Public Relations Section Asahi Group Holdings, Ltd
Phone: +81-3-5608-5126
Asahi Group Holdings, Ltd. ("Asahi") is pleased to announce
that it has completed the purchase of all the issued shares
of Mountain H2O Pty Ltd ("Mountain H2O"), which was announced
on 30 November 2011 in its news release, "Asahi Group
Holdings, Ltd. has commenced the process to acquire an
Australian bottled water company".
The acquisition of Mountain H2O will allow Asahi Holdings
(Australia) Pty Ltd ("AHA") to secure a stable supply of
spring water in the growing bottled water market in
Australia. Additionally, Mountain H2O's high manufacturing
capability will enable AHA to provide high quality spring
water products, and enable AHA to accelerate the streamlining
of its Australian beverages business.
I. Completion of the Transaction
1. Completion of the Transaction
On 30 November 2011, AHA executed the share purchase
agreement to acquire all the issued shares of Mountain H2O
through. Based on this agreement, AHA completed the
Transaction today.
2. Impact on Asahi's financial performance
The acquisition of Mountain H2O will not materially impact
Asahi's non-consolidated and consolidated financial for FY
December 2012.
End
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Announcement regarding completion of share purchase to acquire an Australian bottled water company |