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01.10.26 - 02:03
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Umios and Wah Kong Complete Strategic Pet Food Joint Venture in Southeast Asia; Japan Corporate Advisory Institute Advised on the Transaction (Business Wire)
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JPY 11.4 billion investment establishes strategic partnership around Pet World International and accelerates Umios's Asia strategyTOKYO & KUALA LUMPUR, Malaysia--(BUSINESS WIRE)--#APAC--Umios Corporation (TOKYO Prime: 1333; formerly Maruha Nichiro) and Wah Kong Corporation have completed the establishment of a strategic joint venture centered on Pet World International Sdn. Bhd. (“PWI”), one of Malaysia's leading pet food companies.
Under the transaction, Umios invested approximately JPY 11.4 billion to acquire a 51% interest in PWI through a newly established holding company.
PWI holds the No. 2 share of Malaysia's pet food market — No. 1 among local companies (NielsenIQ) — and operates the country's only BRC-certified pet food plant. The company has approximately 350 employees, sells through more than 10,000 physical stores and its own e-commerce channels, and posted consolidated sales of approximately JPY 12.4 billion in the year ended September 2025.
The joint venture combines Umios's str...
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