date:Aug 28, 2012
The agreement values Akindo Sushiro, an Osaka-based operator ofsushi bars in Japan, at roughly $1 billion including debt,Permira said in a statement. The private equity firm is buying astake in Sushiro from Unison Capital, a Japanese rival.
For Permira, the deal is a significant foray into Japan,following its 2008 acquisition of Arysta Lifescience, anagrichemical company, for about $2.2 billion. Founded in 1984,
Akindo Sushiroranked first among Japan's revolving sushi chainsby sales last year,