Skylark Holdings will acquire the operating company of the popular Hakata ramen brand “Shin-Shin.” It expects to acquire all shares held by the founder effective the 30th, with the purchase price estimated at approximately ¥12 billion. The company plans to accelerate store openings in Japan and overseas.
Skylark Holdings (HD) announced on the 12th that it will acquire the company operating the popular Hakata ramen brand “Shin-Shin.” The acquisition will be carried out by acquiring all shares held by Shin-Shin’s founder effective the 30th.
The purchase price is estimated at approximately ¥12 billion. Skylark Holdings (HD) said it plans to accelerate store openings in Japan and overseas by leveraging its international network and business platform.
Shin-Shin is a restaurant brand known for Hakata ramen, and its business development following the acquisition will be closely watched.