Kirin announces acquisition of Healthia brand and other products from Kao. First green tea soft drink to become FOSHU = Food for Specified Health Uses.
This type of acquisition is rare in the beverage business. The company plans to start manufacturing and selling the product in August this year, after completing the necessary approvals and other procedures. Although the acquisition price has not been disclosed, the company said that since it was launched in 2003, it has become a long-selling brand.