DyDo Group Holdings, Inc. completed the acquisition of WOSANA S.A. from Avallon MBO II managed by Avallon Sp. z o.o.
February 28, 2024
Share
DyDo Group Holdings, Inc. (TSE:2590) signed an agreement to acquire WOSANA S.A. from Avallon MBO II managed by Avallon Sp. z o.o. for PLN 197.58 million on December 21, 2023.The closing is expected on February 29, 2024.The performance of Wosana S.A. will be included in the Group's consolidated results from the year ending 20 January 2025. The impact of the acquisition for the performance is under scrutiny. Krzysztof Pawlak of Schoenherr Cvak Sp.k. acted as legal advisor to Avallon Sp. z o.o.
DyDo Group Holdings, Inc. (TSE:2590) completed the acquisition of WOSANA S.A. from Avallon MBO II managed by Avallon Sp. z o.o. on February 29, 2024.
DyDo Group Holdings, Inc., formerly DyDo DRINCO, INC. is a Japan-based company mainly engaged in the manufacture and sale of beverages. The Company operates through three business segments. The Beverage Sales segment is involved in the planning, development and sale of various soft drinks to consumers through convenience stores and vending machines. Through a consolidated subsidiary, this segment is also engaged in the manufacture and sale of drinkable preparations such as quasi drugs. The Contract Drink Manufacturing segment is engaged in the contract manufacture of drinkable preparations, including drugs and medicines, quasi drugs, as well as soft drinks. The Foods Manufacture and Sale segment is involved in the manufacture and sale of fruit jellies.