An Affiliate of Sun Capital Partners Japan K.K. Acquires K.K. Tarami, a Manufacturer of Fruit Jelly Products.TOKYO -- Sun Capital Partners Japan K.K. ("Sun Capital Japan"), the Japanese adviser to Sun Capital Partners, Inc. ("Sun Capital Partners"), today announced that one of its affiliates has acquired assets of K.K. Tarami ("Tarami"), an industry pioneer since 1988 in processing fruit and fruit-flavoured gelatin gelatin or animal jelly, foodstuff obtained from connective tissue (found in hoofs, bones, tendons, ligaments, and cartilage) of vertebrate animals by the action of boiling water or dilute acid. cups. Tarami's "Fruit Jelly" products are offered in eight and five ounce cups under its own brands such as "Kudamonoyasan", "Kajitsu-no-jikan", and "Dossari" and are sold through five major channels in Japan, i.e., supermarkets, grocery stores, major convenience stores The following is a list of convenience stores organized by geographical location. Stores are grouped by the lowest heading that contains all locales in which the brands have significant presence. , fresh fruit retailers, and private brands (such as "Dole"). Terms of the transaction were not disclosed. Shigeru Utsugi, Managing Director, Sun Capital Partners Japan K.K., stated, "Tarami holds the leading market position in the Japanese fruit jelly cup sector. Our affiliate, Sun Capital Partners, is delighted to support Tarami's management team and dedicated employees in building on their efforts in strengthening the Company's value proposition in its niche industry segment." Youichi Ogura, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , K.K. Tarami, added, "We are pleased to form a partnership with an affiliate of Sun Capital Partners which will allow Tarami to focus on operational improvements and strategic growth as we pursue new products and improved levels of product quality and customer service." About Sun Capital Partners Japan K.K. Sun Capital Partners Japan K.K. is the Japanese advisor to Sun Capital Partners, Inc., a leading U.S.-based investment firm focused on leveraged buyouts, equity, debt, and other investments in market-leading companies that can benefit from its in-house operating professionals and experience. Sun Capital targets Japanese companies This is a list of companies from Japan. Note that 株式会社 can be (and frequently is) read both kabushiki kaisha and kabushiki gaisha (with or without a hyphen). See that article for more details. with JPY JPY In currencies, this is the abbreviation for the Japanese Yen. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. Y=5 billion to JPY Y=500 billion in sales and have a broad industry focus, with no particular industry excluded from consideration. Typically, investments are made in companies with leading market positions in their industry, long-term competitive advantages and significant barriers to entry. Sun Capital affiliates have invested in and managed more than 150 companies worldwide since Sun Capital's inception in 1995, with combined sales in excess of $35.0 billion. Sun Capital has offices in Boca Raton Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , and affiliates with offices in Tokyo, London, and Shenzhen, China. For more information, please visit www.SunCapPart.com. |
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