Indonesia: Japfa to sell 80% of dairy business Greenfields for $236 million
Indonesian agri-food and poultry manufacturing business group Japfa has entered into an agreement to sell 80% of South-east Asia branded dairy business Greenfields to affiliates of investment firms TPG and Northstar Group for 236 million, according to reports in Food Business Africa and Straits Times. Founded in 1997, Greenfields has over 16,000 Holstein and Jersey cows which […]