Yahoo! Finance – Maypro Group Receives Strategic Investment from Itochu Corporation, one of Japan's 5 Largest Companies
Published: October 25, 2024
Maypro Group has announced a strategic partnership with Japan’s Itochu Corporation, with Itochu acquiring a 25% stake to accelerate Maypro’s global expansion in the nutraceutical market. Established in 1977 and led by founder Steve “Susumu” Yamada, Maypro has built a reputation for clinically validated nutritional ingredients and branded products through its subsidiaries, Maypro Industries and Quality of Life Labs. This partnership combines Maypro’s innovation-driven portfolio with Itochu’s expansive distribution reach, targeting the U.S., Japan’s aging demographic, and emerging markets in China, Southeast Asia, and South America. Together, they seek to meet evolving health demands and drive long-term growth in wellness solutions.
