Subsidiaries and partnerships
Apart from developing homegrown brands, Monde Nissin led acquisitions and forged business partnerships, leading to the diversification of its product lines and extended reach in the international market.
In 2001, M.Y. San Biscuit, Inc. was acquired by Monde Nissin and renamed Monde M.Y. San Corporation.
In 2014, the company became the exclusive marketing and distribution arm of Marigold Manufacturing Corporation for Mama Sita's products.
In January 2023, the company acquired a 15% stake in The Figaro Coffee Group, parent company of Figaro Coffee, Angel's Pizza and Tien Ma Taiwanese restaurant. The investment marks the company's entry into the foodservice sector.[17]
In 2004, Monde Nissin began its expansion in the international manufacturing market through the establishment of another subsidiary, Monde Nissin Thailand.
In 2006, Monde Nissin partnered with Dairy Plus Thailand to distribute Dutch Mill Yoghurt Drink to the Philippines. Four years later, the company took over the local marketing of the brand.
In 2015, Monde Nissin acquired Menora Foods, a family-owned Australian food company, its third acquisition in Australia, having previously acquired the Black Swan and Nudie Juice brands.[18][4]
In 2015, it bought Quorn for £550m. Quorn Foods is the market leader in the meat alternatives market in the United Kingdom.[19]
Monde Nissin formed a joint venture with Nippon Indosari, Indonesia's largest bread products maker, in 2016 to form Sarimonde Foods Corporation. According to the company, Sarimonde recently acquired Walter Bread, a Filipino brand known for its nutritious and creative bread products, as its first big step in the packaged bread industry. Its portfolio includes Walter Sugar-Free Bread and Walter Double Fiber Wheat Bread, both of which are industry firsts.[4]
The company also announced a collaboration with Japanese retailer Uniqlo to launch men's and women's shirts featuring Monde Nissin brands such as Lucky Me!, the Philippines' leading instant noodles brand, and Bingo Cookie Sandwich, a popular snack among teenagers.[4]
