Thailand: Charoen Pokphand Foods acquires 51% stake in Brew Factory
Charoen Pokphand Foods (CPF), the Thai food group, is expanding into bottled water through its subsidiary CPF Food and Beverage Company Limited (CPFFB) by acquiring a 51% stake in local producer Brew Factory Company for 334.7 million THB ($10.14 million). In a filing to the Stock Exchange of Thailand, CPF stated that the deal was […]
Thailand: CP Foods acquires Bellisio For $1.1 billion
Thailand’s CP Foods has announced the acquisition of the US-based frozen food producer Bellisio for $1.075 billion. The transaction is expected to close in December 2016. Bellisio is the third largest manufacturer and distributor of single-serve frozen foods in the US and markets its products under brands such as Atkins, Boston Market, Chili’s, EatingWell and […]
Thailand: CP Foods invests $20 million to build new plant
Thailand-based food giant CP Foods has announced an investment of 700 million THB ($20 million) to build a new plant in Wang Noi, Thailand, according to a report in Undercurrent News. The new facility will reportedly specialize in manufacturing meal soups, producing 70,000 tons a day. “The elderly, sick persons, and vegetarians” are described as […]
India: CP Foods enters packaged food business
Charoen Pokphand Foods Public Company Ltd (CP Foods), a leading agro-industrial and food conglomerate in Asia Pacific with a presence in over 40 countries, has announced the company’s entry into the packaged foods business in India. The new products are said to be nutritious, tasty, safe, traceable and of high quality, having been developed by […]