Mary’s Gone Crackers Sold to Canada’s Dare Foods

May 19, 2025

Japan’s Kameda Seika Co., owner of Mary’s Gone Crackers, indicated it wants to concentrate its U.S. efforts on TH Foods Inc., which it also owns.

Dave Fusaro

Japan’s Kameda Seika Co. has agreed to sell its Mary’s Gone Crackers subsidiary in the U.S. to Rosseau Inc., a U.S. subsidiary of Canadian food company Dare Foods Ltd. Financial details were not spelled out, but a Japanese public filing listed “share capital” at nearly $41 million.

The purpose, according to the filing, is “concentrating management resources on the growth of TH Foods Inc.,” Kameda’s other U.S. subsidiary.

Mary’s Gone Crackers was founded in 2004 and has been owned by Kameda since 2012. It specializes in organic, kosher, gluten-free and non-GMO crackers, many with seeds and many using rice flour, as does Kameda in Japan.

The filing indicated Mary’s sales in 2022 and 2023 were $38 million and $36 million, respectively, and losses in those years were $20 million and $22 million.

TH Foods, formerly Terra Harvest, also makes crackers. In 2018 it acquired Terri Lynn, a processor of nuts, dried fruits and chocolate- and yogurt-coated products specializing in fundraising and commercial applications. TH has been owned at least partially by Kameda since 1989.

Mary’s Gone Crackers was one of our 2020 R&D Teams of the Year. Voting is underway right now for this year’s crop of R&D Teams; see their essays and vote right here.

About the Author

Dave Fusaro | Editor in Chief

Dave Fusaro has served as editor in chief of Food Processing magazine since 2003. Dave has 30 years experience in food & beverage industry journalism and has won several national ASBPE writing awards for his Food Processing stories. Dave has been interviewed on CNN, quoted in national newspapers and he authored a 200-page market research report on the milk industry. Formerly an award-winning newspaper reporter who specialized in business writing, he holds a BA in journalism from Marquette University. Prior to joining Food Processing, Dave was Editor-In-Chief of Dairy Foods and was Managing Editor of Prepared Foods.