KTLA – Maypro Group Receives Strategic Investment from Itochu Corporation, one of Japan's 5 Largest Companies
Published: October 25, 2024
Maypro Group, a leading nutraceutical ingredients producer, has partnered with Japan’s ITOCHU Corporation, marking ITOCHU’s acquisition of a 25% stake. This strategic alliance brings together Maypro’s expertise in clinically validated ingredients and ITOCHU’s vast distribution network across 60 countries, positioning both companies to meet evolving consumer demands in the wellness industry. The partnership will initially focus on the U.S., a leading health food market, and Japan, catering to an aging and health-conscious population. Future expansion will target high-growth regions in China, Southeast Asia, and South America, leveraging ITOCHU’s retail power, including its Family Mart stores, to broaden Maypro’s market reach and innovation-driven product offerings.
