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Japanese wholesaler inks $78m deal for major domestic farmed fish supplier

One of Japan's largest seafood wholesalers will acquire Dainichi Co. for JPY 11bn as part of a broader strategy to enter new markets

By Masahiko Takeuchi | Sept. 18, 2024 10:38 BST
Established in 1982, Dainichi has become a key player in Japan's aquaculture industry, particularly in red sea bream and yellowtail farming. Credit: Dainichi Co.
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Maruichi Sansho, one of the major seafood wholesalers in Japan, will acquire Dainichi Co., a farmed fish supplier, for approximately JPY 11.145 billion ($78.4 million), the former announced on Sept. 13. [...]

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