Tanabe Consulting to acquire a majority stake in PEACEMIND.

Tanabe Consulting, a management consulting company, agreed to acquire a majority stake in PEACEMIND, an Employee Assistance Program services provider. Financial terms were not disclosed. "We are delighted to achieve this unprecedented capital and business alliance in the management consulting industry between TANABE CONSULTING GROUP called management consulting pioneer in Japan since 1957, and PEACEMIND, called the EAP services pioneer in Japan and Asia. This brings us another step closer to Toward the One & Only Management Consulting Group in the World," Takahiko Wakamatsu, Tanabe Consulting Representative Director, President and CEO.