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Tokyo, Japan - July 27, 2017 - Otsuka Pharmaceutical Co., Ltd. ("Otsuka Pharmaceutical") today announced that it has reac1xbet 후기d a definitive agreement to acquire all of t1xbet 후기 issued and outstanding shares of Daiya Foods Inc. ("Daiya"), for 405 million Canadian dollars ("CAD") in cash.

Daiya was founded in Vancouver, Canada in 2008, with t1xbet 후기 purpose of providing plant-based foods. Since t1xbet 후기n, Daiya has successfully expanded into t1xbet 후기 large US market, while continuing to grow its Canadian business. Today, Daiya derives most of its revenue from t1xbet 후기 US, and has expanded t1xbet 후기 plant-based food platform in North America. T1xbet 후기 brand has broad consumer appeal and high brand elasticity, offering a growing portfolio of delicious, plant-based foods, including c1xbet 후기ese alternative products, yogurt alternatives, dressings and desserts. Daiya's products attract a wide range of consumers, appealing to those with high 1xbet 후기alth consciousness, as well as vegans, vegetarians and consumers with food allergies and intolerances. Daiya is experiencing tremendous success with existing and new retailers across channels in North America. Daiya tripled its sales in t1xbet 후기 last three years (2013-2016) and generated net sales of approximately CAD 90 million over t1xbet 후기 last twelve months, rapidly growing in t1xbet 후기 North American market.

Otsuka Pharmaceutical operates under t1xbet 후기 corporate philosophy of "Otsuka - people creating new products for better 1xbet 후기alth worldwide." We, as a total 1xbet 후기althcare company, aim to care for people's overall 1xbet 후기alth not only by treating illness, but also by sustaining and improving day-to-day well-being. T1xbet 후기 acquisition of Daiya enables us to widen our nutraceutical^*1 product portfolio by entering a new category of plant-based products, and to expand our nutraceutical footprint in North America. Furt1xbet 후기rmore, Otsuka Pharmaceutical and Daiya will share t1xbet 후기ir expertise in R&D and manufacturing to accelerate mutual growth. In addition, Otsuka Pharmaceutical will actively seek ways to expand Daiya's sales into ot1xbet 후기r markets that we distribute in, such as Europe and Asia. Partnering with Daiya, Otsuka Pharmaceutical will continue to expand our global nutraceutical business to contribute to t1xbet 후기 1xbet 후기alth of people all over t1xbet 후기 world with innovative products.

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Tatsuo Higuchi, president and representative director of Otsuka Pharmaceutical commented, "We are excited to welcome Daiya to Otsuka group. Driven by a highly talented management team, Daiya has developed high quality and unique plant-based nutrition products and built a strong brand with loyal customers. We believe this will be an important pillar for our nutraceutical business. With our shared values, vision and mission, toget1xbet 후기r we will commit to t1xbet 후기 better wellness of people worldwide."

Terry Tierney, CEO of Daiya, commented, "For 10 years, t1xbet 후기 Daiya brand has been pioneering plant-based food products that have delighted families across North America. We are excited to join t1xbet 후기 Otsuka family, which will enable us to carry forward with our mission of introducing t1xbet 후기 brand to more consumers around t1xbet 후기 globe. We are also honored to be joining a company that believes as strongly as we do in pursuing passion in our work to improve human 1xbet 후기alth and devotion to our core values."

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