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CPF buys Chinese poultry firm
Charoen Pokphand Foods Plc has acquired COFCO Meat (Suqian) Co, a poultry company registered and incorporated in China in 2010.
The Chinese firm is principally engaged in poultry farming and the processing and sale of chicken meat products, mainly to the Yangtze river delta area market.
According to its report, Chia Tai (China) Investment Co (CTCI) will acquire the entire interest in COFCO Meat (Suqian) for 187 million yuan or about Bt976 million.
Published : December 06, 2016
By : The Nation
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