Kamei Corporation acquired Sun-Eight Trading Co., Ltd. from Itochu Food Sales and Marketing Co., Ltd.
April 27, 2017
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Kamei Corporation (TSE:8037) acquired Sun-Eight Trading Co., Ltd. from Itochu Food Sales and Marketing Co., Ltd. on April 26, 2017. Under the terms of transaction, Kamei Corporation acquired 0.09 million shares of Sun-Eight Trading Co., Ltd. Sun-Eight Trading Co., Ltd. will operate as a subsidiary of Kamei Corporation. For the year ended March 31, 2017, Sun-Eight Trading Co., Ltd. reported revenue of ¥3.2 billion.
Kamei Corporation (TSE:8037) completed the acquisition of Sun-Eight Trading Co., Ltd. from Itochu Food Sales and Marketing Co., Ltd. on April 26, 2017.
KAMEI CORPORATION is engaged in the energy business. Energy segment distributes gasoline, kerosene, light oil, heavy oil and liquefied petroleum gas. Food segment distributes beer and wine products, and operates supermarkets. Housing segment distributes housing appliances and equipment, and operates renovation business. Automobile segment distributes domestic and imported cars, and operates car leasing. Overseas and Trading business segment exports tires, bearings and tanker planes, and imports and sells seafood, apparel products, beer and wine. Pet segment sells pet food, pet supplies and gardening supplies. Pharmacy segment operates dispensaries, and distributes drugs. The Others segment provides information equipment and office supplies, property leasing, insurance agency service.