Watami Corporation has decided to acquire 80% of the total outstanding shares of three companies, including LEADER FOOD PTE.LTD. (CEO: ZHAO FUQIANG), a Singapore-based seafood and meat food company for restaurant use.
LEADER FOOD imports, stores, processes, packages, and supplies seafood and meat products in Singapore. Watami’s objective is to strengthen its supply chain both domestically and internationally, to expand its sales channels overseas, and to develop the Watami model worldwide through the accumulation of its know-how.
Watami operates seven restaurants in Singapore, including WATAMI JAPANESE DINING.