Keystone Natural Holdings acquires WestSoy
The acquisition does not include the WestSoy plant-based beverage business.
Keystone Natural Holdings (KNH), a Philadelphia, Pa.-based portfolio company of Keystone Capital, Inc., acquired the WestSoy tofu, seitan and tempeh businesses from The Hain Celestial Group, Inc., New Hyde Park, N.Y. The acquisition does not include the WestSoy plant-based beverage business, which has been retained by Hain Celestial.
All employees at the Boulder, Colo., WestSoy facility will continue to drive growth and product innovation.
“We are excited to welcome WestSoy’s exceptional people and better-for-you products to KNH,” says Kenny Sung, chief executive officer of KNH. “Our strategy has been to focus on delivering innovative, high-quality, healthy plant-based food to the market. The WestSoy acquisition is a great fit with that strategy.”