Pulmuone Foods acquires tofu maker
The acquisition solidifies its position as a leading tofu company.
Pulmuone Foods Co. Ltd., Fullerton, Calif., purchased substantially all of the assets of Vitasoy USA Inc., Ayer, Mass., which includes the Nasoya tofu brand, solidifying its position as a leading tofu company with operations within the global tofu markets of Korea, United States, Japan and China.
"Pulmuone now has a strong national platform and presence that will not only drive manufacturing and logistics synergies, but will also enable us to leverage a comprehensive sales and distribution infrastructure to further drive availability of our brands and products within the USA,” says H. Y. Lee, chief executive officer of Pulmuone Foods. "This expanded business scale within the USA market will also serve as a beachhead to drive development and growth of Pulmuone beyond the tofu category."