Four Seas Group announced the successful acquisition of Miyata Co., Ltd (“Miyata”), a renowned Japanese snack and confectionery distributor with a 90-year history. Founded in 1955, Miyata is one of Japan’s top ten food and confectionery wholesalers, with production bases throughout Japan, more than 700 suppliers, and a distribution network covering major Japanese supermarket chains, convenience stores, and wholesalers, including Aeon, MUJI, Daiso, and Lawson.

Dr. Tai Tak-fung, Chairman of the Four Seas Group, said that the acquisition was a complete success, serving as a bridgehead for the Group’s entry into the Japanese food market and a significant milestone in the Group’s development. “In addition to helping the Group diversify its products and bringing new experiences to consumers in Hong Kong and Mainland China, the acquisition also injects strong momentum into the Group’s expansion of its food distribution business, creating synergistic effects with the Group’s other businesses, and helping the Group further consolidate its leading position in the food industry of Hong Kong and Mainland China”.