Trailhead Global Holdings will acquire 2 ramen restaurants and a central kitchen operated by its local partner in connection with the establishment of a joint venture for its ramen business in Taiwan. The acquisition value is ¥16 million, the joint venture is scheduled to be established by March 2027, and the ownership ratio will be 80% for Trailhead and 20% for the local partner.
Trailhead Global Holdings announced that, in connection with the establishment of a joint venture company for its ramen business in Taiwan, it will acquire 2 ramen restaurants and a central kitchen, along with other related businesses, operated by its local joint venture partner. The company determined that acquiring an existing business would help limit the launch period and initial investment compared with entering the market by opening new locations.
The joint venture company is scheduled to be established by March 2027. Trailhead will hold an 80% stake and the local joint venture partner 20%. The name of the joint venture partner has not been disclosed.
The enterprise value of the target business is ¥16 million, and the acquisition price will be determined based on this value. The acquisition is scheduled to be completed in March 2027.