Jamieson Wellness, the Canadian manufacturer and marketer of vitamins, minerals and supplements, has entered into a definitive arrangement agreement to be acquired by Japanese food, beverage and pharmaceuticals firm Kirin. Under the terms of the transaction, Kirin will acquire all issued and outstanding common shares of Jamieson Wellness for C$45.75 ($33.56) per share in cash. The deal values Jamieson Wellness at approximately C$2.0 billion ($1.47 billion) on a fully diluted …
Kirin
Kirin , the Japanese beverage giant, has reached an agreement to sell its Four Roses Distillery business to US-based winemaker E&J Gallo for a total consideration of up to $775 million. The transaction, which is expected to close in the second quarter of 2026, marks Kirin’s exit from the American bourbon category after 24 years of ownership. According to the company, the divestment follows a review of its business portfolio …
Kirin, the leading Japanese drinks firm, has announced a ¥220 billion yen ($1.39 billion) tender offer to acquire the remaining shares in personal care firm Fancl, with the aim of making it a wholly-owned subsidiary. Kirin acquired around 33% of Fancl’s shares and established a capital and business alliance in 2019. “By commercializing ingredients created through the natural technology of fermentation, leveraging customer understanding gained from Kirin Holdings’ and FANCL’s …
Kirin, the leading Japanese drinks firm, has announced it is buying the Healthya tea-catechin business from personal care company Kao to enhance its presence in health-oriented drinks. “Under the Long-Term Management Vision, ‘the Kirin Group Vision 2027’, we are aiming at becoming a global leader in CSV (Creating Shared Value), creating value across our world of Food & Beverages to Pharmaceuticals”, Kirin said in a statement, adding: “With this transfer, Kirin Beverage will further …
Japanese brewer Kirin has announced the acquisition of Blackmores, an Australian vitamin and supplement producer, in a deal worth $1.2 billion. According to a Reuters report, the deal will enable Kirin to further diversify its portfolio. While alcoholic beverages comprise around half of Kirin’s sales, the company also has a health sciences division which the Blackmores acquisition is intended to complement. The Blackmores product range includes vitamins, dietary supplements and …
Soft drinks giant Coca-Cola is partnering with Japanese beverage firm Kirin to develop functional drinks, according to a Nikkei Asia report. The companies are said to be collaborating to create drinks that contain lactococcus lactis strain plasma (LC-Plasma), a postbiotic ingredient developed by Kirin Holdings that is claimed to boost immunity in healthy people. The collaboration will reportedly help Coca-Cola to bolster its position in the growing health drinks segment, …
Kirin and Mengniu have announced that they will not complete their planned million transfer deal for tLion Dairy & Drinks, which was announced towards the end of 2019. The deal between the two companies had been awaiting approval from Australian competition regulators. Reuters noted that the announcement followed a media report last week that the deal might be in jeopardy after the approval of a foreign investment law in July. “This is an …
Lion Australia, the Kirin-owned Australian food and drinks manufacturer, has announced it has reached an agreement to sell its Dairy & Drinks business to Chinese dairy firm Mengniu in a deal valued at A$600 million ($406 million). The sale includes all white milk, milk-based drinks, yoghurt, juice and water ice brands and assets, as well as Lion Dairy & Drinks’ International business, its share of the joint ventures Vitasoy Australia Products and …
Lion Australia, the Kirin-owned drinks firm, has announced it has stepped up its presence in craft beer with the acquisition of independent US-based beermaker New Belgium Brewing, via its Lion Little World Beverages division. Established in 1991, New Belgium Brewing is said to have grown to become a leading craft brewer, marketing brands such as Fat Tire Amber Ale and Voodoo Ranger IPA, and operating breweries in Fort Collins, Colorado …
Kirin, Japan’s second-largest brewer, has announced it is foraying further into the health and beauty space with the ¥129.3 billion ($1.22 billion) acquisition of a 30.3% stake in cosmetics and health food maker Fancl, according to a report in the Nikkei Asian Review. The alliance between the two firms will reportedly focus on the joint development of health foods, drinks and supplements. The companies are also said to be considering …
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