Asakuma Co., Ltd. agreed to acquire Takewaka Co., Ltd. from Masaru Takewaka for approximately ?150 million.
February 24, 2020
Share
Asakuma Co., Ltd. (JASDAQ:7678) agreed to acquire Takewaka Co., Ltd. from Masaru Takewaka for approximately ?150 million on February 25, 2020. As a part of the transaction Asakuma will acquire 4,000 shares of Takewaka. The transaction was resolved by Asakuma board on February 25, 2020. The share transfer execution date planned is February 28, 2020.
ASAKUMA CO., LTD. is a Japan-based company mainly engaged in the operation of restaurants. The Company is mainly engaged in the operation of Asakuma and Yappari-Asakuma restaurants which offer steaks and hamburgs. The Asakuma restaurants are mainly engaged in the provision of steaks, hamburgs and salads. The Yappari-Asakuma restaurants are mainly engaged in the provision of steaks and hamburgers as fast food. The Company is also engaged in the operation of various restaurants, including Farmers Garden, Yebisusan, Orandazaka Coffee, Surabaya and Wayang Bali.
ASAKUMA CO.,LTD 
