V2Food, a Australian plant-based food company, has announced the acquisition of Daring Foods, a USA-based plant-based chicken start-up, alongside a strategic partnership with Japanese food giant Ajinomoto. Founded in 2018, Daring Foods established its headquarters in the USA in 2020, offering plain, flavoured, and breaded plant-based chicken such as pieces, wings, patties and ready meals. Commenting on the move, V2Food CEO Tim York said: “For several years, V2Food has been …
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Ajinomoto
Ajinomoto, the US seasonings firm, has announced it has taken a 50.1% equity stake in More Than Gourmet (MTG), a US saucemaker, via a strategic partnership with its consolidated subsidiary Ajinomoto Health & Nutrition North America. Most famous for its demi-glace French-style sauce concentrates sold in both retail and foodservice channels, More Than Gourmet has also been marketing the Kitchen Accomplice brand of broths and burger seasonings since 2013. It operates a …
The Malaysian division of Japanese seasoning firms Ajinomoto is set to invest 355 million MYR ($84.62 million) to build a new production plant for halal foods on a plot of land located in Seremban, in Negeri Sembilan, according to a report in The Edge Markets. The company is said to have recently acquired the freehold plot for 86.1 million MYR ($20.5 million). Commenting on the move, Ajiinomoto is quoted as …
Ajinomoto, the Japan-based seasonings and ready meals firm, has announced plans to construct a new plant to manufacture soup and other products at its Kawasaki site at a cost of 20 billion JPY ($180 million). The company said the new plant was part of a strategy that includes the restructuring of the value chain of its Japan Food Products business, and will achieve flexible production capabilities and high productivity (about double current levels) …
Ajinmoto, the leading Japanese food producer, is to acquire the Circle Foods business from US meat company Tyson Foods, Just Food reports. “Tyson Foods has entered an agreement with Ajinomoto Windsor to sell our Circle Foods operations. We anticipate this transaction to be completed this spring, and are working with Ajinomoto Windsor on a transition plan for operations”, the company is quoted as saying. “Our primary focus will be to …
International food manufacturer Ajinomoto has announced plans to introduce a new facility that will consolidate the R&D functions of its group companies Ajinomoto Frozen Foods, Knorr Foods and Ajinomoto AGF “to promote further creation of high-value-added products and to reinforce the structure of the Japan Food Products business”. The new facility is being built with an investment of approximately ¥6 billion ($53 million) and will be constructed on the site …
Ajinomoto, one of Japan’s largest food makers, has signed a deal to fully acquire its partner in Turkey, Kukre Gida, which is the parent company of food brand Kemal Kukrer. Ajinomoto first took a 50% stake in the company in 2013 and has now signed a new deal to acquire the remaining stake for $51.36 million. The firm said it aimed to strengthen its local portfolio for long-term growth. Ajinomoto has been …
International seasoning and food firm Ajinomoto has revealed plans to enter India’s instant drinks market with the launch of powdered tea and coffee products. Under the plans, the company will begin selling its Blendy brand outside Japan for the first time after acquiring the trademark rights for Blendy in November 2016. The launch will be carried out through Ajinomoto’s affiliate Ajinomoto India Private and will see Blendy 3 in 1 …
International seasoning and food firm Ajinomoto has announced the acquisition of French frozen food maker Labeyrie Traiteur Surgeles (LTS) through Ajinomoto’s consolidated subsidiary Ajinomoto Foods Europe for €21 million ($24.1 million). The acquisition, made under an agreement between Ajinomoto and LTS’s parent company Labeyrie Fine Foods, is aimed at enabling Ajinomoto to expand its business platform of frozen foods in France “by combining LTS’s production base and market reach in the home-use …
Japanese food manufacturer Ajinomoto has debuted in France, as it seeks to initiate an expansion into Europe. A line of frozen ready meals is being listed by French multinational retailer Carrefour “to establish a sales channel in France and offer a full product lineup”, according to the manufacturer. Eight varieties of frozen Japanese foods including Gyoza (Dumplings) and Karaage (Fried Chicken) were launched in April priced at between €3.95 ($4.32) and …
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