Clifford Chance advises Ajinomoto on acquisition of Turkish food brands company, Kukre A.S.
Clifford Chance, Tokyo has advised Ajinomoto Co., Inc. on its purchase of KUKRE GIDA VE IHTIYAC MADDELERI NAKLIYAT VE OZEL EGITIM HIZMETLERI TICARET VE SANAYI ANONIM SIRKETI (Kukre A.S.), a premium brand food company in Turkey, for approximately 60 million Turkish Lira (approximately JPY 2.9 billion). Ajinomoto aims to enhance its existing business in Turkey and expand its business into new fields of food products to strengthen its future rollout into the markets of the Middle East and Central Asia with the powerful brand and distribution capabilities of Kukre A.S.