Lifedrink Company (TYO:2585) said its subsidiary LD Vending completed the acquisition of SD Next and SD Bottlers, according to a Wednesday filing on the Tokyo Stock Exchange.
The deal gives the group new direct sales channels through vending machine operations and beverage distribution. LD Vending, established in March and wholly owned by Lifedrink, now holds 100% of both companies.
The acquisitions are part of efforts to strengthen the group's business foundation and support revenue and profit growth.
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