Japanese Coffee Chain Komeda Partners with Mitsubishi
Nagoya, June 12 (Jiji Press)--Japanese coffee store chain operator Komeda Holdings Co. <3543> said Wednesday it has formed a capital and business alliance with Mitsubishi Corp. <8058>.
Komeda will gain support from the trading house with global presence for coffee bean procurement and business expansion overseas.
Mitsubishi will buy a 0.95 pct stake in Komeda through a third-party share allotment scheme.
Komeda plans to use about 900 million yen in proceeds for the overseas expansion.
[Copyright The Jiji Press, Ltd.]