USA: Morinaga Nutritional Foods to buy Tofurky and Moocho

Morinaga Nutritional Foods, a US-based manufacturer of soya and dairy products, has announced the acquisition of the Tofurky and Moocho plant-based brands in the US.

In a statement, Morinaga Nutritional Foods said it would use the acquisition to strengthen its presence in the plant-based sector and boost new product development.

Founded in 1980, Tofurky is a leading manufacturer of plant-based meats, while sister company Moocho produces dairy-free cheeses that are claimed to be made from simple, modern ingredients.

“Tofurky has a proven track record of success in the U.S. and is a significant player in the plant-based category with many loyal fans”, said Hiroyuki Imanishi, president and CEO of Morinaga Nutritional Foods. “We’re excited to help bolster both Tofurky and Moocho’s presence in the U.S. while strengthening manufacturing efficiencies and boosting new product development to meet ever-increasing marketplace demand”

Morinaga Nutritional Foods makes shelf-stable tofu and other soya based products, sold in both retail and foodservice channel, and has been the supplier of Tofurky for over 17 years.

Source: Morinaga Nutritional Foods (via BusinessWire)