Japan's Rohto Snaps Up TCM Specialist To Grow In Asia

In a deal worth around $600m, Rohto Pharmaceutical is poised to expand its dietary supplements offering in Southeast Asia through the acquisition of a controlling stake in Singapore's Eu Yan Sang.

Singapore city
• Source: Shutterstock

Japanese OTC player Rohto Pharmaceutical has teamed up with Mitsui & Co to take a controlling stake in Traditional Chinese Medicine (TCM) specialist Eu Yan Sang in a deal which values the Singapore-based firm at SGD800m ($593m).

Under the terms of the agreement, a special purpose company (SPC), which will be jointly owned by Rohto and Tokyo-based...

HBW Podcast

Explore how consumer health is evolving. On the go.

David Ridley hosts in-depth conversations with industry leaders.

More from Asia

More from Geography