Tyson Foods has entered an agreement to sell its Circle Foods LLC operations to Ajinomoto Foods North America Inc., formerly known as Ajinomoto Windsor -- a subsidiary of Japan-based Ajinomoto Co. Inc., a global manufacturer of high-quality seasonings, processed foods, beverages, amino acids, pharmaceuticals and specialty chemicals. Financial terms were not disclosed.
“We anticipate this transaction to be completed this spring and are working with Ajinomoto Windsor on a transition plan for operations,” a Tyson spokesperson said in a statement.
As part of this transaction, Tyson said it will retain some elements and assets of its San Diego, Cal., operations.
“Our primary focus will be to continue delivering results for our customers by producing high quality-products,” the company said.
Ajinomoto has goals to become a global top 10 food company. It currently has three companies in North America, which will all be changing their names effective April 1, 2018, as follows:
- Ajinomoto Windsor Inc. will change to Ajinomoto Foods North America Inc.
- Ajinomoto North America Inc. will change to Ajinomoto Health & Nutrition North America Inc.
- Ajinomoto Heartland Inc. will change to Ajinomoto Animal Nutrition North America Inc.
"Our new name will help distinguish Ajinomoto Foods North America as one of the leading high-quality seasonings and foods companies in the United States, Canada and Mexico," said Bernard Kreilmann, president and chief executive officer of Ajinomoto Foods North America Inc.