Indofood acquires majority stake in China Minzhong Food
date:Sep 09, 2013
ented 3.9% stake.

Indofood expects the acquisition to complement its business and benefit from strategic integration and synergies, including introduction of industrialized farming in Indonesia, supply of instant noodles seasoning pack ingredients and other raw materials, sale and distribution of China Minzhong products in the country, using Indofood network, cooperation in supply chain and product distribution in the Chinese and Indonesian markets.

The deal would also accelerate China Minzhon
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