Sakuma Seika, maker of Sakuma Drops, has signed an agreement to acquire Kintaro Ame Honten, which produces handmade candy. The agreement was signed on 29 September, and the acquisition price was not disclosed. The company intends to preserve traditional techniques and apply them to the development of new products.
Sakuma Seika has signed an agreement to acquire Kintaro Ame Honten, a manufacturer of handmade candy based in Taito-ku, Tokyo. The agreement was signed on 29 September, and the acquisition price has not been disclosed.
Sakuma Seika was founded in 1908 and specializes in candy products such as Sakuma Drops. Kintaro Ame Honten sells Kintaro Ame candy featuring an illustration of Kintaro's face.
The two companies plan to combine the traditional techniques they have preserved over the years and apply them to the development of new products.