Tomen Corp Buys 50% Of Kato Suishodo Seiyaku
- Tomen Corp has bought 50% of Kato Suishodo Seiyaku to become thefirst major Japanese trading house to manufacture pharmaceuticals. The purchase price and loans to expand the firm's business into marketing is put at 1 billion yen ($8.6 milion). Kato is a producer and marketer of general pharmaceuticals, with annual sales of about 1.5 billion yen.
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