Houlihan Lokey Advises Teijin

Transaction: Teijin - Teijin Meguro Institute - Asahi Group Foods

Houlihan Lokey is pleased to announce that Teijin Ltd. (TYO:3401; Teijin) has sold Teijin Meguro Institute Co., Ltd. (Teijin Meguro Institute), a wholly owned subsidiary of Teijin, to Asahi Group Foods, Ltd. (AGS).

Teijin is a diversified global company specializing in material business, fibers, product processing, and healthcare business. Since its founding in 1918, Teijin has served a wide range of customers in many industries, including automotive, aerospace, healthcare, and electronics.

With a global network of 167 companies (56 in Japan and 111 overseas), Teijin operates manufacturing and R&D facilities across Asia, North America, and Europe.

Teijin Meguro Institute is a Japanese company specializing in the manufacture and sale of probiotic ingredients for medical drugs, food supplements and ingredients, and feed additives.

Founded in 1925 by Dr. Yozaburo Meguro, the company has a long history in bacteriological research and product development. In 2022, it became a wholly owned subsidiary of Teijin, aligning with Teijin’s focus on functional food ingredients and healthcare solutions.

As part of its portfolio restructuring efforts, Teijin is divesting its prebiotics/probiotics business and has divested Teijin Meguro Institute to AGS, a subsidiary of Asahi Group Holdings, a leading Japanese beverage and food company with a strong presence in global markets. AGS specializes in health foods, baby foods, dietary supplements, and freeze-dried products, and seeks to strengthen its manufacturing capabilities.

Houlihan Lokey served as the exclusive financial advisor to Teijin and assisted management throughout the transaction, including preparing marketing materials and the business plan, due diligence, process coordination, and transaction negotiation. With the announcement of the Teijin Meguro Institute transaction, Houlihan Lokey has completed seven transactions for Teijin.*

*Selected transactions were executed by Houlihan Lokey professionals while at other firms acquired by Houlihan Lokey or by professionals from a Houlihan Lokey joint venture company.

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