Onoré has acquired French mochi specialist So Mochi to enhance its high-end specialty food portfolio and capitalize on the growing demand for exotic frozen products.

Information on the Target

On June 28, 2024, Onoré, an international group with revenue exceeding €200 million, announced its acquisition of So Mochi, a French specialist in mochi. Founded in 2017 in La Ciotat by entrepreneurs Julien Biondo and Jonathan Stioui, So Mochi has quickly established itself as a premium brand in the mochi market. The company uniquely blends French artisanal ice cream expertise with traditional Asian rice paste craftsmanship, positioning itself among the top five players in its segment across France and Europe.

So Mochi is dedicated to product excellence, ensuring all flavors are free from artificial colors. Most of its offerings are gluten-free, with a wide vegan selection, all while sourcing raw materials from local suppliers. The company boasts a remarkable production capacity of over 70,000 mochis daily, marketed under two brands: “Mochiri,” targeting HORECA (Hotels, Restaurants, and Cafés) customers, and “La Compagnie du Mochi,” catering to the retail market.

Industry Overview in France

The specialty food industry in France has been thriving, powered by a growing consumer preference for high-quality, artisanal products. As consumers seek more diverse and authentic flavor experiences, the market fo