Issue Date: May 2, 2011
Kirin Chemical Unit Going To Mitsui
Japanese trading firm Mitsui & Co. has agreed to acquire the chemical and pharmaceutical business of Mercian, a Japanese winemaker, from the beer brewer Kirin. Kirin acquired Mercian in December. With annual sales of about $92 million and 220 employees, Mercian’s chemical and pharmaceutical unit uses fermentation to produce pharmaceutical chemicals, agrochemicals, food additives, and industrial products.
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