News Column

COFCO Invites Foreign Strategic Investors

June 6, 2014

BEIJING, June 6, SinoCast -- COFCO declared strategic partnership formed by COFCO Meat with a consortium including KKR, Baring Private Equity Asia Co., Ltd., Hopu Fund and Boyu Capital. The consortium will team up with existing shareholders of COFCO Meat for investment in the company, building and managing live pig farms and meat processing plants.

COFCO board chairman believed that the introduction of strategic investors is an important step for mixed ownership, hoping that different shareholders can make full use of their technology and management resources, grasp opportunity and bolster up the development of COFCO Meat.

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Source: Sinocast Consumer Products Beat (China)

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