Mitsubishi Corporation Purchased Minority Share In Al Islami Foods

Based in Japan, Mitsubishi Corporation is a trading company, while Al Islami Foods is a UAE-based is a producer of halal food products.

Oversea Casing Company LLC has announced the acquisition of DeWied International, Inc.

The acquirer company will be renamed Oversea DeWied International LLC for operations upon completion of the acquisition.

Both companies involved in the transaction are producers and suppliers of natural casings for sausage producers and based in the US.

FMT-INDIA

Mitsubishi Corporation Purchased Minority Share In Al Islami Foods

Iceland Seafood International hf has agreed to acquire Solo Seafood ehf from fishing company FISK Seafood ehf, Jakob Valgeir ehf, Nesfiskur ehf, Sjavarsyn ehf and Hjorleifur Asgeirsson.

Iceland Seafood International will issue 1.047 million new shares as part of the transaction.

The acquisition will enable Iceland Seafood International to operate nine value-added factories across seven locations.

“Iceland Seafood International will issue 1.047 million new shares as part of the transaction.”

Based in Iceland, the acquiring company is a producer and distributor of seafood products, while the target company is an Iceland-based subsidiary of Iceland Seafood.

Iceland Seafood International has appointed Kvika banki hf as financial advisor, while Solo Seafood has appointed MAR Advisors ehf as advisor for the transaction.

UAB Baltic Industrial has agreed to acquire 5.04 million shares of Zemaitijos Pienas, AB.

Based in Lithuania, UAB Baltic Industrial is a provider of technical advice, sales and financing, installation, maintenance and warranty repair services, while Zemaitijos Pienas, also based in Lithuania, is a dairy products producer and seller.

The acquisition is expected to be complete by June.

Shandong Longda Meat Foodstuff Co Ltd has agreed to purchase 60% share in The Linyi Shunfa Food Co Ltd, a subsidiary of Gao Zefu, for CNY48m ($7.57m).

Based in China, the acquiring company is a meat processing company, while the target company is involved in the processing and selling of frozen pork and live pigs.

Share Button

Comments are closed