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ITOCHU Announces Acquisitions of Shares in Wholesalers of Daily Goods in Ningbo, Zhejiang to Become Largest Daily Goods Wholesaler in China (Itochu Corporation)

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(Source: Itochu Corporation) Primary contents from here. July 10, 2013 ITOCHU Corporation (headquartered in Minato-ku, Tokyo; Masahiro Okafuji, President & CEO; hereinafter "ITOCHU") announced today that Beijing ITOCHU-Huatang Comprehensive Processing Co., Ltd. (hereinafter "BIC") has acquired shares in Ningbo Baominrui Trade Co., Ltd. (hereinafter "Baominrui") and Ningbo New Zhapu Economic Trade Co., Ltd. (hereinafter "New Zhapu") in the Ningbo area of Zhejiang province, making them its consolidated subsidiaries. Baominrui and New Zhapu...

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