Morinaga Nutritional Foods, manufacturer of Mori-Nu Silken Tofu, has acquired plant-based meat maker Tofurky and its sister brand Moocho.
A long-standing partner of Tofurky, Morinaga has supplied the brand with tofu for 17 years.
Under the new ownership, Tofurky will continue manufacturing products at its facility in Hood River, Oregon. The brand offers meat substitutes such as burgers and deli slices, while Moocho is a range of dairy-free cheese alternatives.
“Tofurky has a proven track record of success in the US and is a significant player in the plant-based category with many loyal fans,” said Hiroyuki Imanishi, president and CEO of Morinaga, which supplies its shelf-stable tofu to the retail and foodservice channels.
“We’re excited to help bolster both Tofurky and Moocho’s presence in the US while strengthening manufacturing efficiencies and boosting new product development to meet ever-increasing marketplace demand.”
Jaime Athos, president and CEO of Tofurky, added: “We’ve been working with the team at Morinaga for nearly two decades, and over that course of time realised the multiple synergies our organisations have across our businesses – from supply chain and operations to new product development targets”.
“We’re very proud of what we’ve achieved thus far as an independent and family-operated company, but as we enter our next stage of growth, Morinaga will provide the platform needed to help us expand more aggressively in the US and beyond.”
© FoodBev Media Ltd 2024
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