Calbee Acquires Majority Stake in Hodo to Expand Plant-Based Protein Business in U.S. Market
TL;DR
Calbee's acquisition of Hodo provides strategic advantage in the growing US plant-based protein market, expanding their health food portfolio against competitors.
Calbee acquired majority stake in Hodo, with Sagamiya taking minority stake and providing technical support to accelerate growth in sustainable food markets.
This partnership expands access to nutritious, sustainable plant proteins, supporting healthier lifestyles and environmental sustainability through reduced processing and organic ingredients.
A Japanese snack giant and traditional tofu maker joined forces with an Oakland innovator to bring delicious plant proteins to more tables worldwide.
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Calbee, Inc. has acquired a majority stake in Hodo, Inc., a leading producer of organic tofu and sustainable plant proteins based in Oakland, California. The acquisition, which also includes minority investment from Japanese tofu manufacturer Sagamiya Foods Co., Ltd., represents a significant move to accelerate Calbee's international expansion and strengthen its Health and Food business segment. This strategic acquisition aligns with Calbee's "Change 2025" transformation plan, focusing on U.S. market expansion as demand for sustainable foods continues to grow.
According to Makoto Ehara, CEO of Calbee, "As demand for sustainable foods grows, tofu is increasingly valued by health-conscious consumers. With its high plant-based protein content and minimal processing, tofu is drawing particular attention in the U.S. market, where health and environmental concerns are driving growth." Hodo has established itself as an innovative force in the plant-based food sector, producing high-quality tofu and plant-powered proteins made with organic, non-GMO soybeans. The company's products are protein-rich, packed with nutrients, and gluten-free, earning widespread recognition among health-conscious consumers and Michelin-honored chefs across the United States.
Hodo supplies retail grocery outlets nationwide as well as major food service partners including Chipotle. Minh Tsai, Founder of Hodo, emphasized the company's commitment to quality and taste, stating, "Hodo's foods are protein-rich, packed with nutrients and made with high-quality ingredients. We blend tradition and innovation to create foods for consumers who are looking for healthier options but don't want to compromise on taste." The partnership with Sagamiya Foods will provide additional technical support to further strengthen the venture's growth plans and product development capabilities.
This acquisition marks Calbee's continued commitment to building a global portfolio of foods that are both enjoyable and meaningful, while addressing the growing consumer demand for sustainable, plant-based protein options in the American market. The move positions Calbee to capitalize on the expanding market for health-focused foods as more consumers seek alternatives to traditional protein sources. The collaboration between these companies creates a powerful combination of international distribution expertise and innovative plant-based product development.
Curated from 24-7 Press Release
