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Sep 1, 2014
Kanematsu Corporation is pleased to announce that it has established a wholly owned subsidiary to acquire North Pet Co., Ltd. (hereinafter, North Pet), which mainly produces pet treats in Yubari-gun, Hokkaido, and that operations have commenced.
North Pet is a well-established pet-treat manufacturer established in 1987 and, taking advantage of the geographical conditions in Hokkaido, has focused on the production of safe and secure pet food that uses fresh meat and seafood, as well as agricultural products produced locally in Hokkaido. In addition, among pet-treat manufacturers, North Pet has one of the best production facilities in Japan. The products produced at its plant include the Daichi no Yakusoku series and the CAMMY series, and are highly praised in terms of quality and palatability.
North Pet is a well-established pet-treat manufacturer established in 1987 and, taking advantage of the geographical conditions in Hokkaido, has focused on the production of safe and secure pet food that uses fresh meat and seafood, as well as agricultural products produced locally in Hokkaido. In addition, among pet-treat manufacturers, North Pet has one of the best production facilities in Japan. The products produced at its plant include the Daichi no Yakusoku series and the CAMMY series, and are highly praised in terms of quality and palatability.
Kanematsu has developed products for private brands and store brands of pet food, pet treats, and pet products and has imported and sold these items, as well as selling raw materials and products to manufacturers in Japan. In addition, Kanematsu has worked extensively on the export of Japanese manufacturers' products to Asia, as well as in global business operations including tripartite trade.
With this acquisition, Kanematsu will establish an integrated management system in pet-related businesses, from the procurement of raw materials to production and sales, to build an organization that responds to diverse needs in Japan and abroad. By integrating the advantages of North Pet into the knowledge/experience that Kanematsu has accumulated, we aim to achieve further expansion and growth in our business.
[Summary of business transfer]
Business transferred: North Pet's pet treat production business Net sales of business transferred: \1.2 billion (fiscal year ended in September 2013) Plan for transfer: Business transfer under a program of the Hokkaido Small and Medium-Sized Business Rehabilitation Support Co-operative
[Summary of transferee company]
Name: North Pet Co., Ltd. (established with the same name as the transferring company) Headquarters: Minato-ku, Tokyo Plant location: Kuriyama-cho, Yubari-gun, Hokkaido Representative: President Kiyoshi Asano
Contact:
Public & Investor Relations Section, Kanematsu Corporation
Tel: +81-3-5440-8000