Chicago, Ill. – Keystone Natural Holdings (KNH) announced the completion of its acquisition of the WestSoy tofu, seitan, and tempeh businesses from the Hain Celestial Group. The acquisition did not include the WestSoy plant-based beverage business, which has been retained by Hain Celestial.
KNH creates health-conscious products, such as Nature’s Soy, Franklin Farms, and Superior Natural, in Canada and the U.S.
This acquisition is KNH’s third in the past 18 months, providing KNH with additional product capabilities as well as expanded manufacturing capacity in its existing tofu product line. All employees at the WestSoy facility in Boulder, Colo. have been retained.
“We are excited to welcome WestSoy’s exceptional people and better-for-you products to KNH,” said Kenny Sung, CEO of KNH. “Our strategy has been to focus on delivering innovative, high-quality, healthy plant-based food to the market. The WestSoy acquisition is a great fit with that strategy.”
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