Toyota Tsusho Foods Corporation agreed to acquire Mitsui & Co. Agri Foods, Ltd. from Mitsui & Co., Ltd. (TSE:8031) on May 14, 2025. Under the terms, Toyota Tsusho Foods Corporation ("Toyota Tsusho Foods"), its subsidiary, made the decision to acquire all shares of Mitsui & Co.
Agri Foods Ltd. ("Mitsui & Co. Agri Foods"), a subsidiary of Mitsui & Co., Ltd. ("Mitsui & Co."), and make it a wholly owned subsidiary as of June 2, 2025. Following the acquisition, Mitsui & Co.
Agri Foods will be renamed "Toyota Tsusho Agri Foods Corporation" ("Toyota Tsusho Agri Foods") and is scheduled to be integrated into Toyota Tsusho Foods within this fiscal year. Post completion of the acquisition, Mitsui & Co. Agri Foods, Ltd. will be changing it's name to Toyota Tsusho Agri Foods.