Nagatanien, a Japanese manufacturer and distributor of premixed and instant food, has acquired Chaucer, the global producer of freeze-dried foods and specialist bread products.
Nagatanien’s acquisition of Chaucer will allow the UK-based manufacturer to further expand its global operating platform and allow the Company to take advantage of growth opportunities in its markets. The current management team will be retained and CEO Andy Ducker will lead the Group along its current direction towards becoming a stronger global business with expanded routes to market.
Founded in 1953 and based in Tokyo, Nagatanien will use the partnership with Chaucer to enter new markets and provide it with access to clean label products, thus expanding its global footprint.
Andy Ducker, CEO of Chaucer, said: “We are delighted to be partnering with Nagatanien. They are a longstanding business and the leading brand in the Japanese market for premixed, instant and freeze-dried food. From inception, Nagatanien’s corporate philosophy has been “Aji-Hitosuji” translating to ‘naturally excellent taste’, and this is perfectly aligned with our own attitude of producing healthy ingredients to meet the growing trend towards healthy eating and nutrition. “
By Dominic Cuthbert
Source: Food and Drink International
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