Saint Marc Holdings to acquire udon restaurant business Tsurutontan for 12.8 billion yen

M&A · PartnershipCorporate Action
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Summary · why it matters

Saint Marc Holdings announced on the 17th that it will acquire the udon specialty restaurant business Tsurutontan, operated by K Express under the Kato Pleasure Group. The total acquisition price is 12.8 billion yen, with the effective date scheduled for December 1. Saint Marc Holdings will establish a successor company, Tsurutontan (provisional name), and acquire the business through an absorption-type split, inheriting the assets, contracts, and other rights and obligations related to the business from K Express. The target business posted sales of approximately 6.135 billion yen for the fiscal year ending March 2026. The impact on consolidated results for the fiscal year ending March 2027 is currently under review.

Impact on stocks 1

Consumer Discretionary · 1 stocks
Saint Marc Holdings Co., Ltd.
3395
▲ PositiveCapitalrelevance

Saint Marc Holdings is acquiring Tsurutontan's udon restaurant business for 12.8 billion yen via an absorption-type split.

Off-coverage companies 2

K-ExpressPrivate± Mixed
Capitalrelevance

K Express is transferring its Tsurutontan udon business to Saint Marc via an absorption-type split; financial impact not specified.

Kato Pleasure GroupPrivate± Mixed
Capitalrelevance

Kato Pleasure Group is the parent of K Express, which is selling the Tsurutontan business; impact on the group is unclear.