Morrison Foerster (“MoFo”) is advising Morinaga & Co., Ltd. (“Morinaga”) (TYO: 2201) in connection with its agreement with MyMo Parent, LP, to acquire MyMo Holdco, Inc., which indirectly owns all the equity interests in The Mochi Ice Cream Company, LLC (collectively, “My/Mochi”), for $130 million USD. My/Mochi will become a wholly owned subsidiary of Morinaga as a result of the acquisition.
Morinaga is a Japan-based confectionery and food manufacturer producing Milk caramel, biscuits, chocolate, health foods, and other foods. My/Mochi operates as a dairy products company, offering premium frozen ice cream, pastries, and desserts, and The Mochi Ice Cream Company is the largest mochi ice cream manufacturer in the U.S.
The acquisition is anticipated to complete in April 2026, subject to customary closing conditions.
The global MoFo deal team advising Morinaga in connection with the acquisition is being led in Tokyo by Jeremy White, Partner and Co-Head of the Asia M&A/PE Practice, Corporate partner Adam Harris and Corporate senior associate Bryce Gray, supported by Corporate associates Yusaku Narita and Sarah Ishikawa. The wider deal team includes: Tax partner Matthew Lau (Hong Kong); Executive Compensation + Benefits group partner Joshua Lerner (New York); Chair of the firm’s Executive Compensation and Benefits group Rachel Faye Smith (Boston); and FDA & Healthcare Regulatory and Compliance group partner Brian Sylvester (Washington D.C.).
