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RETAIL PARTNERS CO., LTD. ( (JP:8167) ) has issued an announcement.
RETAIL PARTNERS Co., Ltd., through its subsidiary Marukyu Co., Ltd., has signed an agreement to acquire the outstanding shares of Nagano Co., Ltd., a company operating supermarkets in Miyazaki Prefecture. This acquisition is expected to enhance RETAIL PARTNERS’ competitive edge and management base by leveraging Nagano’s differentiated products and brand-name capabilities, thus generating synergies with its group companies in southern Kyushu.
More about RETAIL PARTNERS CO., LTD.
RETAIL PARTNERS Co., Ltd. operates in the supermarket industry, managing a network of 276 stores across the Chugoku and Kyushu regions in Japan. The company focuses on providing seasonal, safe, and reliable products at affordable prices, aiming to strengthen its position as a local supermarket chain closely linked to community lifestyles.
Average Trading Volume: 64,496
Technical Sentiment Signal: Buy
Current Market Cap: Yen58.71B
Learn more about 8167 stock on TipRanks’ Stock Analysis page.