WH spreads wings with Campofrio stake deal
By Wang Zhuoqiong | China Daily | Updated: 2014-06-11 07:01
Move with Mexico firm will enhance Chinese pork producer's global reach
China's largest pork producer WH Group Ltd and Mexico's leading food producer Sigma Alimentos SA have acquired a 98.3 percent stake in leading Spanish packaged meat company Campofrio Food Group SA de CV, a move to enhance WH's global expansion.
Sigma will own 61.3 percent of the company, with WH Group holding 37 percent.
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