House Foods Group Acquires Keystone Natural Holdings
Through the acquisition, House Foods will expand its portfolio of value-added tofu and plant-based food products and accelerate its US market expansion plans
Keystone Capital signed a definitive agreement for House Foods Holding USA (“House Foods”) to acquire 100% of Keystone Natural Holdings, LLC (“KNH”), a manufacturer of tofu and plant-based foods in North America. The proposed transaction is expected to close by the end of September 2022, subject to the satisfaction of customary closing conditions.
Through this acquisition, House Foods will expand its portfolio of value-added tofu and plant-based food products and accelerate its US market expansion plans. The combined company will have eight manufacturing facilities across North America.