Calbee completed the acquisition of a majority stake in Hodo.

Calbee, a Japanese food company specializing in high-quality snack foods, completed the acquisition of a majority stake in Hodo, a plant-based food company. Financial terms were not disclosed. The acquisition aligns with Calbee’s strategic "Change 2025" transformation plan, focusing on expansion in the U.S. and strengthening its Food and Health business. “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. Our vision at Calbee is to build a global portfolio of foods that are enjoyable and meaningful. The addition of Hodo to the Calbee Group marks an important step in strengthening our Health and Food businesses as well as expanding our global presence,” Makoto Ehara, Calbee CEO.