MergerLinks Header Logo

Announced

Mitsui and ROHTO Pharmaceutical to acquire Eu Yan Sang International from Righteous Crane for $594m.

Synopsis

Mitsui, one of the largest general trading companies in Japan, and ROHTO Pharmaceutical, a multinational fast-moving consumer goods and OTC pharmaceutical corporation, agreed to acquire Eu Yan Sang International, an online store that specializes in traditional Chinese medicine products, from Righteous Crane, an investment company, for $594m. Mitsui has identified "Wellness Ecosystem Creation" as one of its key strategic initiatives in the Medium-term Management Plan 2026. Through the provision of healthcare, preventive care, and solutions for pre-symptomatic conditions, as well as the supply of foods that offer health benefits, Mitsui will contribute to the qualitative enhancement of today's increasingly diverse consumer lifestyles. Mitsui will continue to support the realization of richer and brighter lives by enhancing health and well-being through its contributions in the area of preventive care and solutions for pre-symptomatic conditions.

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US