Bright Food looks to bright future
Shanghai-based Bright Food Group Co Ltd, China's second-largest food producer, is contemplating whether to list all of its newly acquired foreign assets as the company continues to internationalize its businesses and raise brand awareness overseas.
These businesses include Australia's Manassen Foods, British cereal maker Weetabix Ltd and New Zealand's Synlait Milk Ltd, Pan Jianjun, Bright Food's spokesman, told China Daily on Monday.
The listings are held as part of the company's "mid-to-long-term" plans, which translate into three years from now, said Pan, who declined to reveal the detailed time frame or the value of any prospective offer.
Photo