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Cofco
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Marie Brizard Wine and Spirits Strengthens Distribution Network Across Several Markets
Dec 13, 2016Marie Brizard Wine and Spirits (MBWS) has strengthened its distribution networks across several of its main markets including the US, the UK, China, Morocco and Poland. In the United States, MBWS consolidates its partnership with Southern ...
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Swire Pacific to Acquire Coca-Cola Bottling Assets in China
Nov 22, 2016Swire Pacific subsidiary Swire Beverages has agreed to acquire Coca-Cola bottling assets in China in a bid to strengthen its business in non-alcoholic ready-to-drink beverages. The deal to refranchise bottling operations in China has been ...
Tags: Swire Pacific, Coca-Cola
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COFCO to Acquire Remaining Stake in Nidera Capital
Aug 26, 2016COFCO has reached an agreement to acquire the remaining minority stake in Nidera Capital to gain full ownership of the company. The minority stake has been bought by COFCO International from Cygne to gain 100% ownership in Nidera. The ...
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Cofco Implements Deals to Secure Access to Us Grain Market
Apr 1, 2015Chinese food establishment Cofco is exploring deals for possible acquisitions or partnerships in the US, a move that could provide the company with access to the world’s largest source of corn and a top soybean grower. Cofco ...
Tags: Cofco, Grain Market, Food
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Blueprint of The China-Proposed Belt Will Boost Practical Cooperation in Key Fields
Mar 30, 2015The blueprint of the China-proposed belt and road initiative unveiled on Saturday will boost practical cooperation in key fields such as infrastructure, said analysts. The action plan for the Silk Road Economic Belt and 21st Century ...
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The Investment Is Said to Form a Part of Danone's Strategy to Expand Footprint in China
Nov 19, 2014French dairy major Danone has agreed to invest €437m in Chinese infant formula producer Yashili, in a move to acquire 25% stake. The investment is said to form a part of the company's strategy to expand its footprint in China. ...
Tags: Yashili, Mengniu Dairy, Danone, Agriculture
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Danone Agrees to Acquire 25% Stake in Chinese Infant Formula Producer Yashili for 437m Eur
Nov 12, 2014French dairy major Danone has agreed to acquire 25% stake in Chinese infant formula producer Yashili for €437m. The move forms a part of the company's strategy to expand its footprint in China. Under the agreed terms, China ...
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China's New Hope Is Seeking to Build Food Processing Factories Overseas
Aug 27, 2014China's New Hope is seeking to build food processing factories overseas, mainly in Southeast Asia, with an estimated outlay of $500m over the next five years. New Hope vice-president Wang Hang was quoted by South China Morning Post as ...
Tags: New Hope, Processing Factories, Food
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KKR and Three Other Investors to Invest in China's Cofco Meat
Jun 9, 2014Private equity firm KKR, along with three other investors, has agreed to invest $270m for 70% stake in integrated pork company COFCO Meat, a unit of China's state-run COFCO Group. While KKR is the lead investor, paying $150m, other ...
Tags: Meat, pork, meat industry, Agriculture, Food
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Global Logistic Properties Expands Its Relationship with COFCO
Mar 4, 2014Global Logistic Properties Limited (“GLP”), the leading provider of modern logistics facilities in China, Japan and Brazil, is expanding its relationship with COFCO, China’s largest supplier of agricultural and food ...
Tags: Global Logistic Properties, COFCO
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Danone Has Agreed to Increase Its Holding in Chinese Dairy Firm Mengniu with €486m
Feb 13, 2014French dairy major Danone has agreed to increase its holding in Chinese dairy firm Mengniu from 4% to 9.9%, with an investment of €486m. The company, along with COFCO Dairy Investments, signed a deal to subscribe a reserved rights ...
Tags: Danone, Mengniu, increase holding
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China's Wheat Imports Are Expected to Hit a Nine-Year High in 2013
Dec 30, 2013China's wheat imports are expected to hit a nine-year high in 2013, as the country continues to turn to the international market to meet a surging demand for the grain for use in high-protein foods, animal feed, industry and processed ...
Tags: Wheat Imports, animal feed
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Coca-Cola Opened Its 43rd Bottling Plant in China with $106m
Oct 28, 2013US-based soft drinks manufacturer Coca-Cola has opened its 43rd bottling plant in Shijiazhuang, Hebei, China with an investment of CNY650m ($106m). The new facility is part of the company's three-year, $4bn investment plan for 2012-2014 ...
Tags: Coca-Cola, Bottling Plant
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NCL's New Product Is Said to Have Stable Revenue and The Yield Will Reach 3.5%
Sep 24, 2013ABC Life, Aviva-COFCO Life and other small and medium property companies swarmed to pilot ordinary life insurance since the implementation of ordinary life insurance rate reform on August 5. On September 22, New China Life, one of top ...
Tags: Agriculture, Food, insurance, Service
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GLG Life Tech Has Launched a New Product Range,GLG Naturals+,Support From COFCO
Sep 16, 2013GLG Life Tech, a Canada-based firm engaged in agricultural and commercial development of stevia products, has launched a new product range, GLG Naturals+, with support from China National Cereals, Oils, and Foodstuff Corporation (COFCO). ...
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