As part of their strategic partnership, ITOCHU acquired a 25 per cent stake in Maypro
Maypro Group has announced its partnership with Japan-based ITOCHU Corporation, one of Japan's 5 largest companies by revenue with annual sales of over $95 billion, offices in over 60 countries, and more than 200 operating companies worldwide. As part of their strategic partnership, ITOCHU acquired a 25 per cent stake in Maypro.
Founded in 1977 by current Chairman and NBJ Lifetime Achievement Award honoree Steve "Susumu" Yamada, Maypro Group comprises 5 nutrition-focused companies in the United States, Japan, and China. Vertically integrated across nutritional ingredients and branded finished products via its Maypro Industries and Quality of Life Labs subsidiaries, Maypro focuses on bringing the most innovative clinically validated ingredients from one geographic market to another and making them available to consumers in partnership with its B2B customers and via its B2C consumer brands. Maypro works with some of the world's leading manufacturers of nutritional ingredients in Japan, U.S.A., Canada, Spain, Italy, Belgium, Taiwan, New Zealand and other countries. Maypro also holds technology licenses for the production of innovative ingredients such as the MicroActive line of products, which it manufactures in the U.S. and India.
