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Market Chatter: Kirin Eyes More Deals After C$2 Billion Jamieson Acquisition

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Kirin (TYO:2503) is open to further acquisitions following its C$2 billion purchase of Jamieson Wellness, viewing North America as a key growth market, Bloomberg News reported on Friday, citing President Takeshi Minakata.

Minakata said the company plans to leverage Jamieson's distribution, brand, and customer base as a platform for expansion, potentially through additional M&A, the news wire said.

The deal, part of Kirin's push to build wellness into a third core business alongside beverages and pharmaceuticals, follows its previous acquisitions of Blackmores and FANCL, the publication said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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