Taiyo Kagaku Co.,Ltd. agreed to acquire 1% stake in Taiyo Food Co., Ltd. from Newing Bakery Kyushu, K.K. for CNY 0.9 million.
March 22, 2021
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Taiyo Kagaku Co.,Ltd. (NSE:2902) agreed to acquire 1% stake in Taiyo Food (Tianjin) Co., Ltd. from Newing Bakery Kyushu, K.K. for CNY 0.9 million on March 22, 2021.
TAIYO KAGAKU CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of food ingredients such as emulsifiers and stabilizers for food and processed eggs. The Company operates through three business segments. Nutrition segment is involved in the manufacture and sale of functional food materials such as catechin, theanine and water-soluble dietary fiber, as well as mineral preparations and vitamin preparations. Interface Solution segment is involved in the manufacture and sale of quality improvers such as emulsifiers. Agri-Food segment is involved in the manufacture and sale of food ingredients including processed egg products, protein materials, instant food materials, processed fruit products and processed agricultural products, as well as quality improvers and stabilizers. The Company is also involved in the cooking and beverage related business.