www.nippn.co.jp/ir/ir_news/detail/__icsFiles/afieldfile/2023/05/15/20230515.pdf

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米国製粉会社への出資に関するお知らせ

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https://www.nippn.co.jp/ir/ir_news/detail/__icsFiles/afieldfile/2023/05/15/20230515.pdf

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This document announces that Nippn Corporation has decided to invest in the U.S. milling company Utah Flour Milling, LLC and has signed an investment agreement. The investment amount is $25 million, with a 25% stake. This investment marks Nippn's entry into the U.S. milling business for the first time, aiming to accelerate growth by leveraging synergies with existing operations. Utah Flour Milling plans to establish a state-of-the-art milling facility and will incorporate environmentally friendly microbial reduction technologies.