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An announcement from Kagome Co., Ltd. ( (JP:2811) ) is now available.
Kagome Co., Ltd. has announced the acquisition of Silbury Marketing Ltd, a UK-based distributor of processed tomato and oil products, making it a consolidated subsidiary. This strategic move aims to strengthen Kagome’s operations in Europe by enabling closer collaboration between marketing, development, production, and sales functions, thereby enhancing its competitiveness in the growing European market for processed tomato products.
The most recent analyst rating on (JP:2811) stock is a Hold with a Yen3150.00 price target. To see the full list of analyst forecasts on Kagome Co., Ltd. stock, see the JP:2811 Stock Forecast page.
More about Kagome Co., Ltd.
Kagome Co., Ltd. operates in the food industry, primarily focusing on the production and sale of processed tomato products. The company has a significant international presence with business bases in the US, Portugal, Australia, Taiwan, and India, serving food service and manufacturing companies globally. Kagome is expanding its international business, particularly in Europe, to leverage its strengths in tomato cultivation and processing.
Average Trading Volume: 327,865
Technical Sentiment Signal: Sell
Current Market Cap: Yen237.4B
For a thorough assessment of 2811 stock, go to TipRanks’ Stock Analysis page.