Press
Morningstar – Maypro Group Receives Strategic Investment from Itochu Corporation, one of Japan's 5 Largest Companies
Published: October 26, 2024
Maypro Group has formed a strategic partnership with Japan’s ITOCHU Corporation, acquiring a 25% equity stake. This alliance leverages Maypro’s leadership in clinically validated nutraceutical ingredients and ITOCHU’s expansive distribution network, aiming to boost global wellness offerings. Initially, the partnership will focus on the U.S., a leading health food market, and Japan, which faces an aging yet health-conscious population. Expansion plans include high-growth regions in China, Southeast Asia, and South America. With ITOCHU’s resources, including its Family Mart retail network, Maypro is set to broaden its market reach, driving long-term value and growth.
