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Japfa-Food Union JV to develop China milk-processing plant

Anita Gabriel

Published Mon, Aug 17, 2015 · 09:50 PM

Singapore

AGRI-FOOD group Japfa Ltd and Europe-based dairy and milk processing company Food Union Group have tied up to build, own and operate a US$200 million premium milk- processing plant in Shandong Province, China.

The joint venture (JV) is between Japfa's 61.87 per cent owned subsidiary, AustAsia Investment Holdings (AIH), and Food Union, said Japfa in a statement.

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