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Announced

Marubeni to acquire Euroma from Parcom Capital.

Synopsis

Marubeni, a sōgō shōsha headquartered in Nihonbashi, agreed to acquire Euroma, a provider of herbs and spices, from private equity firm Parcom Capital. Financial terms were not disclosed. "The global market for food functional ingredients, including spices and seasonings, is estimated to be approximately $52bn, and is expanding steadily, due to population growth and growing health consciousness, with an estimated annual growth rate of over 5%," Marubani.

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