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Maruha Nichiro to earn $38m selling out of logistics firm

The Japanese seafood giant has decided to sell its entire stake in Chilled & Frozen Logistics Holdings Co., expecting to record an extraordinary gain of JPY 6bn

By Masahiko Takeuchi | July 10, 2024 09:46 BST
Masaru Ikemi, CEO of Maruha Nichiro. Credit: Maruha Nichiro
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Japanese seafood giant Maruha Nichiro Corp. announced on Tuesday (July 9) its decision to sell its entire stake in logistics company Chilled & Frozen Logistics Holdings Co. (C&F). [...]

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