October 09, 2009

MUL Principal Investment Bought Tarami From Fund

MUL Principal Invetement Co., an investment unit of Mitsubishi UFJ Lease & Finance Co. purchased all shares of Tarami, a Nagasaki-based manufacturer of fruit jelly products from Sun Capital, a US investment fund who decided to leave Japan, according to Nikkan Kogyo newspaper. It was the first deal for MUL Principal Investment, which spent 7~8 billion yen for the deal and plans to deliver the board members as well as expand its fruit-jelly business.

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