T Hasegawa Co (JP:4958) has released an update.
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T. Hasegawa Co., Ltd. has announced that its U.S. subsidiary will acquire shares of Abelei, Inc., effectively converting Abelei into a sub-subsidiary. This strategic move aims to leverage Abelei’s Midwest presence and flavor production expertise to expand T. Hasegawa’s market reach from the West to East Coast of the United States. The acquisition is part of T. Hasegawa’s broader strategy to focus resources on key growth regions, particularly in the U.S., while enhancing its product offerings in the health and large-scale beverage sectors.
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