Source: MarketScreener

More Than Gourmet: Ajinom : to Group to Enhance Its Integrated Food Solutions Business in the North American Market

Ajinomoto Co., Inc. ("Ajinomoto Co.") has signed a share purchase agreement to acquire a 50.1% equity stake in More Than Gourmet Holdings, Inc. ("MTG") of the United States for a strategic partnership through Ajinomoto Co.'s consolidated subsidiary Ajinomoto Health & Nutrition North America, Inc. ("AHN"). By augmenting this U.S. liquid seasonings business and its associated sales channel for food service and restaurant customers through the combination of Ajinomoto Co.'s proprietary ingredients and "deliciousness technologies" with capabilities to make proposals to customers in the United States, Ajinomoto Co. will enhance the Ajinomoto Group's Integrated Food Solutions business in North America.

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Est. Annual Revenue
$5.0-25M
Est. Employees
25-100
Brad Sacks's photo - Founder & CEO of More Than Gourmet, Inc.

Founder & CEO

Brad Sacks

CEO Approval Rating

90/100

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