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December 27, 2005 |
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| MIZKAN ACQUIRES HOLLAND HOUSE FROM CADBURY SCHWEPPES |
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The Mizkan Group, a leading worldwide food manufacturing business based in Japan, USA, UK, Thailand & Singapore; today announces the acquisition of the “Holland House” brand of cooking wines from Mott’s LLP, a Cadbury Schweppes Americas Beverages company by Mizkan Americas Inc,. Holland House is the No:1 US brand of cooking wine and has approx. 60% share of the retail market & is distributed to approx. 80% of US supermarkets.
Recently the Mizkan Group also purchased the Wadakan Investment Holding Company a Beijing based manufacturer of soy sauces & vinegars.
The Mizkan Group specialises in the manufacture of food products & meal accompaniment such as vinegars, dressings, condiments & other ingredients. “The Holland House acquisition represents the commitment of Mizkan Group to expand our presence in the condiment industry with strong consumer brands,” said Craig Smith, president of Mizkan Americas. “We are very excited about this business development, as Holland House’s stable of top-tier cooking wines will allow us to continue to grow the “mizkan” brand name into an everyday household brand. This acquisition is in line with Mizkan Group’s strategy of seeking additional growth opportunities through diversification and globalization.”
Mizkan UK manufactures vinegars, condiments and ingredients such as malt vinegar, rice & wine & spirit vinegars for retail, wholesale, catering & foodservice markets as well as ingredients to food manufacturers of European & Asian style foods under the “mizkan” brand and private labels. Mizkan UK’s brands include Manor vinegar, Suehiro & Shiragiku.
Philip Cross, Mizkan UK Managing Director says: “The Mizkan Group is growing rapidly through organic growth & through acquisition. We now have leadership positions in Japan, USA, UK / EU, Asia Pacific and China. This major acquisition builds our position and will strengthen the group through the integration of “Holland House” into the Mizkan Group.”
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| Copyright(c)2008 Mizkan Group Corporation All Rights Reserved. |
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