Deals
Bright Food to Focus International Growth Push on Australia
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Bright Food Group Co. will focus its international expansion in Australia where China’s second-largest food company is said to have spent about A$400 million ($425 million) this month to gain grocery brands.
“Recently quite a few Australian businesses came to us on their own to talk about potential cooperation,” Vice President Ge Junjie said today in Sydney at a signing ceremony for the acquisition of Manassen Foods. “Australia is the area where we are going to focus more.”