Maruha Nichiro Expands European Market Presence with Strategic Acquisitions

Maruha Nichiro ( (JP:1333) ) has provided an announcement.

Maruha Nichiro Corporation has announced a strategic capital injection into its subsidiary, Maruha Nichiro Europe Holding B.V., and the acquisition of Van der Lee Seafish Beheer B.V. shares by its sub-subsidiary, Seafood Connection Holding B.V. This move aims to strengthen the company’s European market presence and enhance its value-added processing capabilities. By integrating VDL Group into its operations, Maruha Nichiro seeks to establish a vertically integrated supply chain, aligning with its mid-term management plan’s ‘Value Cycle’ and ‘Glocal Strategy’. This development is expected to enhance the company’s competitive positioning in the European seafood market.

More about Maruha Nichiro

Maruha Nichiro Corporation is a prominent player in the seafood industry, primarily focusing on the production and sale of marine products. The company is listed on the Tokyo Stock Exchange and is known for its strategic market expansions, particularly in Europe, through its subsidiaries.

YTD Price Performance: 10.40%

Average Trading Volume: 198,998

Technical Sentiment Signal: Buy

Current Market Cap: Yen166.4B

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