Announced
Synopsis
Fuji Oil, a Japanese food ingredient maker, acquired Blommer Chocolate Company, an industrial chocolate manufacturer, through a merger with Aztec Sub Inc., which was established for this objective. Financial terms were not disclosed. After the closing, Fuji Oil intends to reinforce its industrial chocolate business as a group by introducing its oil and fat technologies for value-added chocolate products and combining its raw material procurement operation with that of Blommer. In addition, Fuji Oil plans to cross sell its wide variety of other confectionery products to Blommer’s diverse customer base in the North American market.
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