JAPAN: Izmic Corp. "buys rival drinks wholesaler"

By | 3 April 2007

Japanese beverage alcohol wholesaler Izmic Corp. has reportedly bought rival firm Yoshikawasyuhan Corp. for an undisclosed sum.

Local reports said yesterday (2 April) that Izmic has bought Yoshikawasyuhan, a former subsidiary of Asahi Breweries, to expand into western Japan.

Izmic, which is based in the Japanese city of Nagoya, and generated JPY177.6bn (US$1.5bn) in sales for the 12 months to the end of May last year.

Yoshikawasyuhan, based in the Osaka region of Japan, posted turnover of JPY21.1bn last year.

Sectors: Beer & cider, Spirits, Wine

Companies: Asahi

View next/previous articles

Currently reading -

JAPAN: Izmic Corp. "buys rival drinks wholesaler"

There are currently no comments on this article

Be the first to comment on this article

Related articles

RUSSIA: Russian Standard secures permanent Finnish listing

Russian Standard has secured permanent listings for its vodka range in Finland.

US: Miller Brewing backs motorcycle safety in US

Miller Brewing and the American Motorcyclist Association have partnered to promote a safe motorcycle riding practises and responsible alcohol consumption campaign across the US.

UK: Weight Watchers unveils sparkling wine for UK

Weight Watchers has prepared a sparkling variant of its wine range in the UK.

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page