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M&A and Subsidiary Changes2587Suntory Beverage & Food LimitedFood

Notice Regarding the Absorption-Type Merger of a Wholly Owned Subsidiary (Simplified Merger)

The company will first acquire directly, through a dividend in kind, all shares of 株式会社九州サンベンド, formerly its sub-subsidiary, and then absorb and merge the company. The merger is scheduled to take effect on 1 June 2023, when 九州サンベンド will cease to exist.

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This transaction

This merger
Counterparty (target company)株式会社九州サンベンド
Disclosing companySuntory Beverage & Food Limited
Subject of this transactionNumber of shares acquired 600株(発行済全株式)、議決権数:Not disclosedVoting rights ownership percentage Before 100%(株式会社サンベンドが保有) → after 対象会社は吸収合併により消滅(取引後の議決権所有割合は記載なし)
TimelineThe spacing between the points is proportional to the actual number of days.78 days from 決議 / 締結 to 実行.White points represent dates designated as scheduled dates in the document.
Target company

飲料関連機材の整備・保管

Location 佐賀県鳥栖市Share capital ¥30 millionDate of incorporation 1997年8月19日
Net Sales260,968千円(直前の事業年度、決算期:12月31日)
Operating profit8,993千円(直前の事業年度、決算期:12月31日)
Net income for the current fiscal year9,453千円(直前の事業年度、決算期:12月31日)
Net assets126,019千円(直前の事業年度、決算期:12月31日)
Consideration and expenses
Acquisition priceNot applicable(本合併による株式その他の金銭等の割当て及び交付は行いません)
Type of Consideration現金/株式その他の金銭等の割当て・交付なし
Merger ratio/share exchange ratioNot applicable(本合併による株式その他の金銭等の割当て及び交付は行いません)
Impact on Business Performance

The impact on our consolidated results will be immaterial

Procedures and assumptions
Conditions Precedent to Execution当社は簡易合併に該当するため合併契約承認に関する株主総会決議を経ずに行う。九州サンベンドでは2023年5月19日に株主総会決議を予定している。
Management structure after acquisition本合併後も当社の商号、本店所在地、代表者の役職・氏名、事業内容、資本金及び決算期に変更なし。九州サンベンドは解散。従業員の処遇はNot disclosed
This transaction
ItemDetails
Transaction nameThis merger
Counterparty name株式会社九州サンベンド
Name of the Subject Company株式会社九州サンベンド
Business Description of the Subject Company飲料関連機材の整備・保管
Location of the Subject Company佐賀県鳥栖市
Capital Stock of the Subject Company¥30 million
Date of Establishment of the Subject Company1997年8月19日
Net Sales of the Subject Company260,968千円(直前の事業年度、決算期:12月31日)
Operating Profit of the Subject Company8,993千円(直前の事業年度、決算期:12月31日)
Net Income of the Subject Company9,453千円(直前の事業年度、決算期:12月31日)
Net Assets of the Subject Company126,019千円(直前の事業年度、決算期:12月31日)
Acquisition priceNot applicable(本合併による株式その他の金銭等の割当て及び交付は行いません)
Type of Consideration現金/株式その他の金銭等の割当て・交付なし
Merger ratio/share exchange ratioNot applicable(本合併による株式その他の金銭等の割当て及び交付は行いません)
Number of shares acquired600株(発行済全株式)、議決権数:Not disclosed
Voting rights ownership percentageBefore 100%(株式会社サンベンドが保有) → after 対象会社は吸収合併により消滅(取引後の議決権所有割合は記載なし)
Impact on Business PerformanceThe impact on our consolidated results will be immaterial
Date of board resolution2023年3月15日
Contract Date2023年3月15日
Execution Date / Effective Date2023年6月1日(予定)
Conditions Precedent to Execution当社は簡易合併に該当するため合併契約承認に関する株主総会決議を経ずに行う。九州サンベンドでは2023年5月19日に株主総会決議を予定している。
Management structure after acquisition本合併後も当社の商号、本店所在地、代表者の役職・氏名、事業内容、資本金及び決算期に変更なし。九州サンベンドは解散。従業員の処遇はNot disclosed
Items this document does not state (10)
Expenses other than the acquisition priceTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation methodologyIndependent valuation institutionSpecial Committee

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

当社グループの機材整備事業を再編する一環として、九州サンベンドが保有する不動産などを当社に引き継ぐためです。

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Notice Regarding the Absorption-Type Merger of a Wholly Owned Subsidiary (Simplified Merger) | Suntory Beverage & Food Limited (2587) timely disclosure | Komori