The sale includes all Blommer business entities, including its four manufacturing operations in North America and one in Shanghai. Blommer is a private, familyowned company, while Fuji Oil is publicly traded on the Tokyo Stock Exchange.
Blommer, along with the existing senior management team, will continue to lead the company after the transaction, which is expected to close in 30 to 60 days.
“Fuji Oil is a global supplier of food ingredients, with oil and fat, chocolate, emulsified and fermented food and soy protein businesses as pillars,” said Hiroshi Shimizu, president and CEO of Fuji Oil Holdings. “