MaxValu Tohoku Co.,Ltd. agreed to acquire seven stores from Powers Fujimi, K.K.

MAXVALU TOHOKU CO., LTD. is a Japan-based company mainly engaged in the operation of supermarkets, which sell food, miscellaneous daily goods and other products. The Company operates in two business segments. The Food segment offers processed food, perishable food and daily food products. The Non-food segment offers miscellaneous daily goods and others. The Company has supermarkets in Akita, Yamagata, Aomori and Iwate Prefectures. It is also engaged in the neighborhood shopping center (NSC) leasing business, which provides leasing services of home centers, drugstores, bookstores, 100 yen shops and other stores.