Fujicco Completes Thailand Food Unit Acquisition, Sets Up Holding Company

MT Newswires Live2025-12-29

Fujicco (TYO:2908) said it has completed the acquisition of shares in Thailand-based FB Food Service (2017) Co., making it a subsidiary, and has finished procedures to establish an intermediate holding company in Thailand, according to a Monday filing on the Tokyo Stock Exchange.

The company completed the purchase of FB Food Service shares on Nov. 3. FUJICCO FOODS ASIA Co. was established on Dec. 8 and subsequently acquired all remaining shares of FB Food Service on Dec. 24, resulting in FB Food Service becoming a consolidated subsidiary.

Fujicco now holds a 30% stake in FB Food Service, with the remaining 51% held by FUJICCO FOODS ASIA and 19% by Sojitz (TYO:2768). The total acquisition cost for Fujicco, including advisory fees, is estimated at 542 million yen.

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