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Japanese conglomerate to acquire Tokyo Toyosu wholesaler for $123m

Fukuoka-based conglomerate Aso Corp. plans to fully acquire Tokyo Toyosu seafood wholesaler Tohto Suisan with a JPY 18.37bn tender offer

By Masahiko Takeuchi | Feb. 6, 2025 08:55 GMT
Tohto Fisheries Co., also known as Tohto Suisan, is one of the seven licensed seafood wholesalers at Tokyo Toyosu Market. Credit: Tohto Fisheries
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Aso Corp., a Japanese conglomerate with businesses in cement, construction consulting, and healthcare, plans to acquire all outstanding shares of seafood wholesaler Tohto Fisheries Co. in a JPY 18.37 billion ($123 million) tender offer, the former announced. [...]

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