Acquisitions · Food (meal kits)
Oisix ra daichi to buy US plant-based meal-kit company Purple Carrot
- Buyer
- Oisix ra daichi (Tokyo)
- Target
- Three Limes Inc. (Purple Carrot), Boston area, Massachusetts
- Value
- About ¥2.35B
- Status
- Announced on April 25, 2019; completion was planned for May 31, 2019.
- Date
- 2019-04-25
Oisix ra daichi, a Japanese online grocery and meal-kit company, agreed to buy Three Limes Inc., which runs the plant-based meal-kit service Purple Carrot near Boston, for about ¥2.35 billion. The value comes from Oisix's Japanese disclosure.
Why it matters
The deal gave Oisix a foothold in the US meal-kit market, building on the business it runs in Japan.
Sources
Kakehashi M&A News home
