Japanese pharmaceutical company Otsuka Pharmaceutical has announced the acquisition of plant-based food company Daiya Foods for C$405 million ($325 million). Daiya offers “high-quality, unique plant-based nutrition products” that are described as free from seven mayor food allergens, including soy, gluten and dairy. The acquisition, according to an Otsuka spokesman, expands Otsuka’s product portfolio, while helping Daiya to increase its presence throughout North America and beyond. Terry Tierney, CEO of Daiya …
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Otsuka
Nutrition & Sante, a subsidiary of the Japanese firm Otsuka Pharmaceutical that specialises in dietary food products, has announced the acquisition of Spanish health and functional foods company Bicentury. According to Otsuka, the acquisition will enable Nutrition & Sante to become the main supplier of slimming products in Spanish supermakets. Founded in 1980, Bicentury markets a range of slimming foods including the first meal-replacement cereal bars in Spain, as well …
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