Create restaurants holdings inc. has reached an agreement to acquire Saint-Germain Co., Ltd. from Japan Tobacco Inc. for Ñ 2340 million.

create restaurants holdings inc. (TSE:3387) has reached an agreement to acquire Saint-Germain Co., Ltd. from Japan Tobacco Inc. (TSE:2914) for Ñ 2340 million on September 15, 2022. Saint-Germain Co., Ltd. generated Net assets of Ñ -3,929 million, Total assets of Ñ 4,401 million, Net sales of Ñ 9,075 million, Operating income of Ñ -582 million and Net income of Ñ -184 million for the December 31, 2021. Transaction is expected to close on December 1, 2022.