Saint Marc Holdings, a major foodservice operator, will acquire the TsuruTonTan udon restaurant business from Kato Pleasure Group, a high-end ryokan operator. The acquisition price is expected to exceed ¥10 billion, and the company plans to accelerate store openings in Japan and overseas by acquiring the brand, which is also well known among visitors to Japan.
Saint Marc Holdings, a major foodservice operator, announced that it will acquire the TsuruTonTan udon restaurant business operated by Kato Pleasure Group. The acquisition target is KPG, a company based in Minato, Tokyo.
The acquisition price is expected to exceed ¥10 billion, and the company is reportedly planning to accelerate store openings in Japan and overseas by acquiring the TsuruTonTan brand.
TsuruTonTan originated as Honke Sanuki, a handmade udon restaurant opened by its founder in Osaka Prefecture in 1978. In 1989, the restaurant brought together Sanuki udon and Osaka food culture.