Shinmei CO.,LTD. acquired an additional 4.5% stake in Genki Sushi Co., Ltd. from Gourmet Kineya Co., Ltd. for ¥1 billion.
February 13, 2015
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Shinmei CO.,LTD. entered into an agreement to acquire an additional 4.5% stake in Genki Sushi Co., Ltd. (TSE:9828) from Gourmet Kineya Co., Ltd. for ¥1 billion on February 9, 2015. Shinmei acquired 0.4 million shares for ¥2500 each. As a result of transaction, Shinmei has now raised its stake in Genki Sushi from 28.14% to 32.65%.
Shinmei CO.,LTD. completed the acquisition of an additional 4.5% stake in Genki Sushi Co., Ltd. (TSE:9828) from Gourmet Kineya Co., Ltd. on February 12, 2015.
GOURMET KINEYA CO., LTD. is a Japan-based company mainly engaged in the operation of restaurants. It has five business segments. The Restaurant segment operates restaurants providing udon (Japanese wheat noodles), soba (Japanese-style fried noodles), western food. The Airline Food segment is engaged in the preparation and boarding of airline food. The Business Frozen Food Production segment is involved in the production, processing and sales of business frozen food. The Real Estate Leasing segment operates local wholesale markets and leases real estate. The Transportation segment is engaged in the railway business and the road passenger transportation business.
GOURMET KINEYA CO.,LTD. 