You searched for "integrated poultry business" (1 results found)

Thailand’s CPF to buy food processing firm in Russia

28 Jul 2015

• 28 Jul 11:38

---

Leading Thai agro-industrial and food conglomerate Charoen Pokphand Foods (CPF) is looking at buying a food-processing firm in Russia, CPF Chief Executive Adirek Sripratak told The Nation. There are two deals under negotiation, the paper said, adding that the negotiations follow CPF board approval for the company’s Dutch subsidiary to acquire an integrated poultry business in Russia from Agro-Invest Brinky for around $680 million. CPF has a livestock-feed and swine-farming business in Russia and plans to invest up to $1 billon in pork production near Moscow, Kaluga and Kaliningrad. Adirek told the Nation that the planned acquisition of the food-processing. Read more...