28 Feb 2019 --- Regional miller and supplier of value-added, flour‐based products, Nisshin Seifun Group Inc. has agreed to acquire Australian bakery business, Allied Pinnacle from Funds advised by Australasian private equity form Pacific Equity Partners. The terms and conditions of the deal have not been disclosed, however, the planned acquisition is part of Tokyo-based Nisshin’s international expansion strategy to buy companies with high growth potential.
