Companies / China
Bright Food Looks To Build Developed Market Presence Through Manassen Foods
August 2011 | Company News AlertChina-based food and dairy producer Bright Food Group recently agreed to acquire a 75% stake in Australian food producer and distributor Manassen Foods as it diversifies internationally. Bright Food's expansion in the developed world tie into one of our core views that a balanced geographical footprint is important for stability and that emerging market (EM)-based firms will take a greater interest in developed market assets going forward.
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