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New Deal


Announced

Completed

J-STAR completed the acquisition of DAINICHI.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Farming Fishing Ranching and Plantations

Japan

Friendly

aquaculture

fishing

Private Equity

Completed

Private

Acquisition

Majority

Single Bidder

Domestic

Synopsis

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J-STAR, a provider of investment management services, completed the acquisition of DAINICHI, Japan's fish farming company. Financial terms were not disclosed. "Given the heightened environmental awareness including the promotion of the SDGs, demand for farmed fish is increasing worldwide. In response to such a trend, it is expected that the exports of fish farmed in Japan will increase and that the major mass retailers and the restaurant industry will shift from natural fish to farmed fish. We believe that the role of DAINICHI will grow further in the aquaculture industry," Gregory Hara, J-STAR President & Representative Director.

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