CPF acquires animal feed business in China
AllAboutFeed, Monday 26 May 2014

CPF has reported two deals in China under CPP Hong Kong. In the first, CPP acquired Kaifeng Chia Tai, an animal feed business in China at a cost of 311 mln RMB or $4.9 mln. In the second, CPP sold a non-core business, Rapid Thrive. Management feels good about getting out of a non-core business and expanding in a core business, which it sees as strengthening CPP.

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