To increase operations and production capacity, Japan-based tofu manufacturer Morinaga Nutritional Foods acquired U.S. plant-based food company, Tofurky, along with its sister company Moocho.
“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.”
With the acquisition, Morinaga plans to hire technical staff for Tofurkey’s facility in Hood River, Oregon, that will help maximize efficiency and production while still maintaining the original recipes and product availability.
“We’ve been working with the team at Morinaga for nearly two decades, and over that course of time realized the multiple synergies our organizations have across our businesses – from supply chain and operations to new product development targets,” said Jaime Athos, president and CEO of Tofurky.
Since Morinaga was Tofurky’s supplier, the acquisition will help streamline its supply chain as well.
“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 U.S. and beyond,” continued Athos.
More on Tofurky and Moocho
Tofurky is the #3 retail brand for plant-based meats in the U.S. with products like plant-based Chick’n barbecue, plant-based burgers and plant-based ham style roast.
Tofurky’s sister company, Moocho provides products like dairy-free cheese.
More on Morinaga Nutritional Foods
A subsidiary of Morinaga Milk Industry Co., Ltd, Morinaga has been in operation for 17 years and is most known for its tofu products like Mori-Nu Silken Tofu and Silken Soy Purée.
