Dare Foods subsidiary buys Mary's Gone Crackers - Food In Canada

Dare Foods subsidiary buys Mary's Gone Crackers - Food In Canada

Kameda Seika sells Mary’s Gone Crackers to Rosseau Inc., U.S. subsidiary of Dare Foods in a debt equity swap. In a letter to investors, Kameda explained Mary’s Gone Crackers was facing challenging business conditions due to soaring raw material prices. It therefore decided to sell the business and concentrate on growing the rice cracker products market in the U.S. with the aim of becoming a ‘rice innovation company that maximizes the potential o…

Kameda Seika Sells Mary’s Gone Crackers To Dare Foods

Japan’s Kameda Seika is selling one of its U.S. subsidiaries, Mary’s Gone Crackers, to Dare Foods, a unit of Canadian food manufacturer.  JustFood reports.