Frozen food specialists Chaucer has announced that it has been acquired by Nagatanien, a Japanese-based manufacturer and distributor of premixed and instant food.
The acquisition brings together two companies with a central focus on health and wellness products and natural ingredients. Further to this, it’s said the acquisition will serve as a strategic growth platform for both companies, allowing each to benefit from their existing relationships and their respective infrastructures.
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.
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.
“The group is excited by the cross-selling and growth opportunities that this partnership opens up to both parties and I look forward to working with the Nagatanien team.”
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