# Nissin Foods acquires control of Nissin Vietnam for USD 11.5 million

Nissin Foods (Hong Kong) agreed to acquire specified contributed capital from Nissin Foods Asia Co., Ltd. for USD 9.5 million and inject USD 2 million into Nissin Vietnam, gaining control of the Vietnamese instant noodle producer to expand its geographic portfolio and production capacity.

- Type: Acquisition
- Announced: 2023-06-29
- Where: Vietnam
- Value: $11.5M
- Status: announced
- Products: instant noodles
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Nissin Foods](https://endata.com/companies/40401.md) (acquirer)
- [Nissin Foods Asia Co., Ltd.](https://endata.com/companies/71136.md) (partner)
- [Nissin Vietnam](https://endata.com/companies/71137.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/952527.html), 2023-06-29: "收购事项让公司获得对日清越南的控制权，从而扩大集团业务的地域组合"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.