Kameda Seika, a Japanese snack firm, has announced that it is divesting its US brand Mary’s Gone Crackers (MGC) to Rosseau Inc, a US subsidiary of Canadian food manufacturer Dare Foods, in a debt-equity swap. Founded in 2004, MGC offers organic, kosher, gluten-free and non-GMO crackers, available at grocery and speciality stores in both the United States and Canada. In statement, Kameda Seika said MGC had faced difficulties due to changes in its …
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Kameda Seika
Kameda Seika, a Japanese snack firm, is forming a joint venture with LT Foods to produce its flagship crispy rice cracker in the northern Indian state of Haryana, according to a report in the Japan Times. LT Foods is described as a leading local food maker engaged in the milling, processing and marketing of branded and non-branded basmati rice, as well as the manufacturing of rice-based products for its domestic …
Indian rice specialist LT Foods and Japanese rice-based snack firm Kameda Seika have announced the launch of joint venture to sell rice based snacks in India, according to the Economic Times. The new 51:49 joint venture is described as being backed by a $10 million investment and is designed help the companies enter a new category of snacks, as “consumers are looking for healthier snacking options and there are limited …
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