Ajinomoto, the Japan-based food group, is reportedly looking for acquisitions in Europe as part of plans to expand rapidly through M&A.

Takaaki Nishii, Ajinomoto's CEO, told The Wall Street Journal the company wanted to expand its business in a region where it is smaller compared to other markets.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Nishii wants Ajinomoto to set up a dedicated team in France to look for acquisitions in Europe. The publication said Ajinomoto had set a target of being among the world's ten largest food companies by its 2020 fiscal year.

Last year, Ajinomoto snapped up Windsor Quality Holdings, the US's largest ethnic food maker in the country's frozen food sector, for US$800m.

Our analysis of how the Windsor deal fit Ajinomoto's strategy to expand globally can be found here.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now