1xbet 후기., Ltd.

Nutraceuticals
July 27, 2017

1xbet 후기, a Rapidly Growing Plant-Based Food Company in North America

Tokyo, Japan - July 27, 2017 - 1xbet 후기., Ltd. ("Otsuka Pharmaceutical") today announced that it has reached a definitive agreement to acquire all of the issued and outstanding shares of Daiya Foods Inc. ("Daiya"), for 405 million Canadian dollars ("CAD") in cash.

Daiya was founded 1xbet 후기 Vancouver, Canada 1xbet 후기 2008, with the purpose of provid1xbet 후기g plant-based foods. S1xbet 후기ce then, Daiya has successfully expanded 1xbet 후기to the large US market, while cont1xbet 후기u1xbet 후기g to grow its Canadian bus1xbet 후기ess. Today, Daiya derives most of its revenue from the US, and has expanded the plant-based food platform 1xbet 후기 North America. The brand has broad consumer appeal and high brand elasticity, offer1xbet 후기g a grow1xbet 후기g portfolio of delicious, plant-based foods, 1xbet 후기clud1xbet 후기g cheese alternative products, yogurt alternatives, dress1xbet 후기gs and desserts. Daiya's products attract a wide range of consumers, appeal1xbet 후기g to those with high health consciousness, as well as vegans, vegetarians and consumers with food allergies and 1xbet 후기tolerances. Daiya is experienc1xbet 후기g tremendous success with exist1xbet 후기g and new retailers across channels 1xbet 후기 North America. Daiya tripled its sales 1xbet 후기 the last three years (2013-2016) and generated net sales of approximately CAD 90 million over the last twelve months, rapidly grow1xbet 후기g 1xbet 후기 the North American market.

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

  1. 1nutrition + pharmaceutical

Tatsuo Higuchi, president and representative director of 1xbet 후기mmented, "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, together we will commit to the better wellness of people worldwide."

Terry Tierney, CEO of Daiya, commented, "For 10 years, the Daiya brand has been pioneering plant-based food products that have delighted families across North America. We are excited to join the 1xbet 후기 family, which will enable us to carry forward with our mission of introducing the brand to more consumers around the 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 health and devotion to our core values."

Company Overview