St.Cousair (2937) · InitiativeAchieved
Expansion of the U.S. Food Brand Portfolio through the Acquisition of Portlandia's Business
First written in FY2023. 2 of 3 entries say "Achieved", first in FY2024-Q1. Latest entry: FY2024-Q3.
3entries
2years
0from disclosures
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Expansion of the U.S. food brand business through the acquisition of the Portlandia businessA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
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Full recordFilings, disclosures and news, newest first
- FY2024-Q3AchievedAnnual report
「The accounting treatment was finalized during the third-quarter consolidated accounting period.」
The provisional accounting treatment for the business combination related to the acquisition of the Portlandia Foods business was finalized during the third-quarter accounting period. - FY2024-Q1AchievedAnnual report
「St.Cousair, Inc., a consolidated subsidiary of the company, entered into a business transfer agreement with Portlandia Foods, Inc. dated 2 June 2023 for the acquisition of its processed food sales business, including its brands.」
Following execution of the agreement for Portlandia's processed food sales business, the company completed the business acquisition, with 9 June 2023 as the business combination date. - FY2023First statedAnnual report
「The company decided to acquire the Portlandia business.」
The company entered into a business transfer agreement dated 2 June 2023, with the aim of entering the U.S. mainstream food category and generating synergies with its existing distribution channels and factories.