Add-on Acquisition • Food

Shinmei Holdings Co. Acquires Meisui Bijin Factory Co.

On March 2, 2020, Shinmei Holdings Co. acquired food company Meisui Bijin Factory Co. from The Carlyle Group

Acquisition Context
  • This is Shinmei Holdings Co.’s 1st transaction in the Food sector.
  • This is Shinmei Holdings Co.’s 1st transaction in Japan.

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M&A Deal Summary

Date March 2, 2020
Target Meisui Bijin Factory Co.
Sector Food
Buyer(s) Shinmei Holdings Co.
Sellers(s) The Carlyle Group
Deal Type Add-on Acquisition

Target Company

Meisui Bijin Factory Co.

Takeda City, Japan
Meisui Bijin Factory Co., Ltd. owns “Mesui Bijin”, the bean sprouts brand in Japan and is a company covering No.1 share of bean sprouts in Western Japan. With the company mission “To contribute to healthy everyday life for customers around the world by committing to water, freshness, and taste”, the company has been providing bean sprouts to customers since the establishment in 1990. In addition, the company has developed a variety of pre-cut vegetable products under the “Meisui Bijin” brand to meet the diversification of consumer needs in recent years.
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Buyer Overview 1

Buyer

Shinmei Holdings Co.

Kobe, Japan

Category Company
Sector Food
DESCRIPTION

Shinmei Holdings Co., Ltd., is the holding company including Shinmei Co., Ltd., a leading rice wholesaler in Japan. Based on the corporate philosophy, “Through rice, we contribute to peoples’ good eating habits by protecting the amazing Japanese rice fields and their culture, as well as by creating happiness and bringing deliciousness”, Shinmei provides a rice wholesaler service, which is the core of the business, processed rice products like packed rice as well as boiled rice, and a global restaurant business. In addition, Shinmei has expanded its business to create a “one-stop food value chain from upstream to downstream” including fruits and vegetables as well as marine foods to address disruptive environmental changes which are linked to the declining population, falling birth rate and aging population in Japan, as well as the diversification of eating habits.


Deal Context for Buyer #
Overall 1 of 1
Sector: Food 1 of 1
Type: Add-on Acquisition 1 of 1
Country: Japan 1 of 1
Year: 2020 1 of 1

Seller Profile 1

SELLER

The Carlyle Group

Washington, District of Columbia, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1987
PE ASSETS 435.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Carlyle's corporate headquarters on Pennsylvania Ave. in Washington, DC.
Carlyle's corporate headquarters on Pennsylvania Ave. in Washington, DC.

The Carlyle Group is a global investment firm that pursues private equity, credit, and real estate investments worldwide. Carlyle's private equity practice practice pursues buyouts, strategic minority equity investments, equity private placements, consolidations and buildups, and growth capital financings. With offices in 19 countries, Carlyle can easily target opportunities throughout North America, Europe, Asia, Australia, the Middle East/North Africa and Latin America. Broad sectors of interest include aerospace, defense, automotive and transportation, consumer, retail, energy and power, financial services, healthcare, industrial, infrastructure, technology services, business services, telecommunications and media. The Carlyle Group was formed in 1987 and is based in Washington DC.


Deal Context for Seller #
Overall 391 of 490
Sector: Food 7 of 11
Type: Add-on Acquisition 167 of 203
Country: Japan 14 of 17
Year: 2020 9 of 27
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-21 Addison Lee Group

London, United Kingdom

Addison Lee Group is a private hire vehicle provider. Addison Lee Group was founded in 1975 and is based in London, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-05 exocad

Darmstadt, Germany

exocad GmbH is a dynamic and innovative dental CAD/CAM software company committed to expanding the possibilities of digital dentistry and providing its distribution partners flexible, reliable, and easy-to-use software. exocad's technology enables system integrators to turn equipment into comprehensive, class-leading solutions. exocad was formed in 2010 and is based in Darmstadt, Germany.

Sell -

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