date:May 30, 2016
UK-based Premier Foods has acquired the remaining shares of Knighton Foods for a nominal sum, making it a wholly owned subsidiary.
The latest acquisition is for the remaining 51% stake in Knighton Foods, which markets instant dry powder food products to retailers, manufacturers, food service customers and brandowners.
Vietnam Dairy Products Joint Stock Company (also known as Vinamilk) will acquire the full ownership of Driftwood Dairy in California, US, by purchasing the remaining 30% stake