Snatching Up The Food & Beverage Industry

by Clover Ng @ 07 Mar 2014
Snatching Up The Food & Beverage Industry It is not new to hear China expanding on every business they possibly can, but as their consumption increases, word is that Shanghai government-backed dairy and consumer products company, Bright Food Group is travelling in Europe for a shopping spree. That includes the possible acquisition of Irish food company Glanbia. Bright Food Group is China’s third-largest dairy producer and has a stake in several other companies, including French wine merchant, Diva Bordeaux. Is China taking over soon?