C Two-Network - Ownership and Business Overview

RetailCompany

C Two-Network Ownership

Who owns C Two-Network?

C Two-Network is owned by Tesco. It was acquired on June 10, 2003.

C Two-Network Business Overview

Where is C Two-Network headquartered?

C Two-Network is headquartered in Tokyo, Japan.

What sector is C Two-Network in?

C Two-Network is a retail company.

When was C Two-Network founded?

C Two-Network was founded in 1994.

Retail M&A Summary in 2003

Out of 60 sectors in the Mergr database, retail ranked 18 in number of deals in 2003. The largest retail acquisition in 2003 was Debenhams - which was acquired by Ridgemont Equity Partners for $2.9B.

Join Mergr to view all 46 acquisitions of retail companies in 2003, including 25 acquisitions by private equity firms, and 21 by strategics.

C Two-Network Co. Ltd.

4F Shiroyama MT Bldg 4-1-17 Toranomon,
Tokyo, 105001
Japan,
+81 3 5405 9891

C Two-Network Co. Ltd. is a food retailer operating 78 stores together with some wholesaling activity. C Two-Network operations are mainly in the Tokyo metropolitan area. C Two-Network was founded as a wholesale business. In 1994, using its previous experience and know-how C Two-Network entered the Japanese food retail sector. C Two-Network trades under the brand names Tsurukame, Tsurukame Land, Foodlet and Kamechuru. It now operates 78 stores, many of which are in the Tokyo metropolitan area. Food retail operations now account for 87% of sales (including Foodlets). With stores ranging from 100sq metres-1000sq metres, C Two-Network's focus is on the retailing of packaged foods (grocery and refrigerated) through supermarkets with tenant fresh food operators. Its consistent strength in product procurement has allowed it to increase both revenues and profits for 11 consecutive years.


Company Summary

SECTOR

Retail

Revenue

54,300   2003
(millions of JPY)

Established

1994

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