Happiness and D Co., Ltd. completed the acquisition of AbHeri Co., Ltd. from Kunihito Nakano.
December 01, 2022
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Happiness and D Co., Ltd. (TSE:3174) agreed to acquire AbHeri Co., Ltd. from Kunihito Nakano for ¥0.22 million on November 28, 2022. The transaction is expected to close on December 1, 2022.
Happiness and D Co., Ltd. (TSE:3174) completed the acquisition of AbHeri Co., Ltd. from Kunihito Nakano on December 1, 2022. As per the transaction, AbHeri became a subsidiary of Happiness and D. Satoshi Maehara, Senior Managing Director of Happiness and D Co., Ltd., was appointed as AbHeri's representative director.
Happiness and D Co., Ltd. is engaged in operation of select shops under the name Happiness and GINZA Happiness in the tenants of national shopping centers. It engages in sales of imported brand products, including jewelry, such as imported brand jewelry and diamond jewelry consisting of rings, necklaces, earrings and bracelets; watches, such as imported brand watches and home-made brand watches; handbags and accessories, such as brand bags, wallets, key cases, ties and perfume, as well as sunglasses and glasses. It is also engaged in e-commerce (EC) business. It operates official mail-order site, and also opens stores in Yahoo and other shopping sites.