Ajinomoto Co., Inc. acquires Amoy Food Group

Ajinomoto Co., Inc. announced that it has successfully completed its acquisition of Amoy Food Group Companies (Amoy Food Group) from Danone Asia Pte Ltd (a subsidiary of Groupe Danone S.A.) for approximately HK$1,845 million. This transaction includes the issued stock of Amoy Food Group, a shareholder loan from Danone Asia to Amoy Food Group as well as the intellectual property rights of Amoy Food Group business. On completion of the transaction, Ajinomoto has acquired Chinese soy sauce business and frozen dimsum food business which Amoy Food Group operates in Hong Kong, North America and Europe.