[Green House Co., Ltd.] Notice regarding joint investment between Green House and Sumitomo Corporation in Epicure Catering, a company of the Dusit Group in Thailand Image
URL: Green House Co., Ltd. Press release: November 5, 2024 Announcement regarding joint investment between Green House and Sumitomo Corporation in Epicure Catering, a company of the Dusit Group in Thailand Green House Co., Ltd. (Shinjuku-ku, Tokyo; President and CEO: Chiaki Tanuma; hereinafter referred to as Greenhouse) has established a joint venture (JV) with Sumitomo Corporation (Chiyoda-ku, Tokyo; President and CEO: Shingo Ueno). entered into a strategic partnership agreement with Dusit Foods, a subsidiary of Dusit International, a major Thai hospitality group, and jointly invested in Epicure Catering (Bangkok, Thailand CEO: Trevor John Allen), which operates a food service business for international schools. I will do it. Founded in 1948, Dusit International is a major hospitality group listed on the Stock Exchange of Thailand. Dusit Foods, established as a subsidiary in 2018, is responsible for the food supply chain for the entire group, providing high-quality ingredients to Dusit Hotels & Resorts around the world. In addition, Epicure Catering, a company in the group that is the target of this investment, was founded in 2003 and provides food services to international schools in Thailand, Vietnam, Cambodia, and Hong Kong, and has a market share of over 70% in Thailand. has. The Green House Group, founded in 1947, is engaged in comprehensive business development related to food and hospitality, and as a major company in contract food services (for corporations, healthcare, and school lunches), we provide food services at approximately 2,700 locations in Japan and overseas. In addition to providing services, we also engage in cutting-edge food and health businesses such as the development of the AI meal management app “Asuken” with a cumulative membership of 11 million people, hotel management business represented by “Hotel Grand Bach”, and “Tonkatsu Shinjuku”. We also have a strong track record in the restaurant and delicatessen businesses such as “Saboten”. In terms of overseas expansion, our contract food service business provides more than 100,000 meals a day in three regions: Singapore, China, and Vietnam, and our restaurant business operates 111 stores in 10 regions. Reference material [Overview of the target company (Epicure Catering Co., Ltd.)] 1. Company name: Epicure Catering Co., Ltd. 2. Address: 43 Thai CC Tower,30th Floor, Unit 307-308 South Sathorn Rd, Yannawa Sub-district, Sathorn District, Bangkok 10120 3. Representative: CEO Trevor John Allen 4. Main business: Lunch service for international schools in Thailand, Vietnam, Cambodia, and Hong Kong 5. Capital: 58,800,000 yen 6. Year of establishment: 2003 [Overview of the joint venture (JV) between Green House and Sumitomo Corporation (planned)] 1. Company name: Green SC Management Co., Ltd. 2. Address: 3-20-2 Nishi-Shinjuku, Shinjuku-ku, Tokyo 3. Representative: Representative Director Takashi Zenda 4. Capital: 10 million yen 5. Establishment date: Early November 2024 (planned) [Overview of Green House Co., Ltd.] 1. Trade name: Green House Co., Ltd. 2. Address: Tokyo Opera City Tower 17F, 3-20-2 Nishi-Shinjuku, Shinjuku-ku, Tokyo 3. Representative: Representative Director and President Chiaki Tanuma 4. Main business: Contract food service business, restaurant business, hotel management business 5. Capital: 2,143,030,000 yen 6. Founding year: 1947
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