JAPAN’S KEWPIE CONFIRMS POLISH TAKEOVER BID
October 1st, 2016
Japan's Kewpie Corp is acquiring Polish food maker Mosso Kwasniewscy Sp.J as part of its overseas expansion efforts, the company confirmed to just-food.com.
Mosso will become a wholly-owned subsidiary of the Tokyo company, renowned for its mayonnaise products, and will be known as Mosso Kewpie Poland Sp. z o.o., the Japanese firm said. Completion of the acquisition is scheduled to be completed by the end of this December (2016).
Founded in 1985, Mosso presently has a 6% share of the Polish mayonnaise market, making it the fourth-largest local player. It also ...
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