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Sapporo Holdings to Withdraw From Vending Machine Business, Expected to Sell to Life Drink in October (Kyodo News)
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Sapporo Holdings (HD) subsidiary Pokka Sapporo Food & Beverage (Nagoya City) announced on the 5th that it will sell its vending machine business to soft drink manufacturer Life Drink Company (Osaka City) by October. The transfer amount has not been disclosed. Due to price hikes and consumers' tendency to save money, vending machines are becoming less popular.
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