Morinaga Nutritional Foods, the U.S.-based manufacturer of Mori-Nu Silken Tofu, has acquired Tofurky, a leading manufacturer of plant-based meats in the U.S., and its sister brand, Moocho.
Tofurky will continue manufacturing products at its facility in Hood River, Ore. In addition to Tofurky’s manufacturing facility, Morinaga will continue to operate its tofu manufacturing facility in Tualatin, Ore, as well as a sales office and R&D facility in Torrance, Calif. The acquisition of Tofurky and Moocho will help strengthen the integrated supply chain and future category growth for the brands, as Morinaga plans to leverage synergies from Tofurky’s sales and marketing teams to fine-tune its portfolio approaches to the U.S. marketplace.
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“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,” says 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.”
“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,” says Jaime Athos, president and CEO of Tofurky. “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.”
