KIRIN TO LAUNCH SOFT DRINKS COMPANY
June 1st, 2010
BY JULIAN RYALL
JAPANESE drinks giant Kirin has set up a new company that will focus its efforts on the soft drinks sector. Shinshu Beverage has been established as a 100% subsidiary of Kirin Holdings.
Under the deal, an existing subsidiary named Nagano Tomato Co. will be split into two firms. One part of that organisation will become Shinshu Beverage, remain part of the Kirin group and produce soft drinks.
Under a management buy-out, Nagano Tomato will become an independent company, halt production of soft drinks but remain as a manufacturer and wholesaler of ...
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