Japan's Takara Holdings invests in sake startup to boost U.S. sales

Japan's alcoholic beverage maker Takara Holdings Inc. said Wednesday it has taken a stake in a Japanese sake startup with special processing techniques for 500 million yen ($3.8 million) to cooperate in brewing for its U.S. business.Sake brewery Wakaze, established in 2016 in Yamagata Prefecture, aims to expand its sales outside Japan by utilizing Takara's overseas sales networks. The alcohol producer did not clarify how much of a stake it now holds in the startup.At a brewery in the suburbs of Paris, Wakaze uses French hard water, cooking rice and wine yeast to create sake that meets local…READ FULL ARTICLE