[Korea gimeunji financial newspaper reporter] and CJ CJ's acquisition 'mindat food, Vietnamese meatballs processors.
According to the 30th industry CJ CJ had entered into a stock purchase agreement for the acquisition last November mindat food, is currently ahead of only the final deal closing. This agreement is a total of 15 billion won scale.
When the acquisition is complete, CJ CJ is to acquire a 64.9% stake in mindat food. Mindat food is a leader in its market share over the last year, Vietnamese meatballs meatballs with processors utilizing beef.
CJ CJ has steadily expanded the Vietnam business.
In February last year was the acquisition of companies in Vietnam Kimchi 'Ong Kim's' made in December last year, Vietnam has acquired a large food 'How woojjae' the company. How woojjae is being utilized on a global outpost of producing Gyoza King rub.
In addition, holding the same year in September, the state-owned distribution company in Vietnam Saigon Trading Group 'hands and has also promoted the strengthening local sales force.
CJ CJ said, "It is right that promote food mindat argument," while "still take advantage of the specific plans were indefinite," he said.
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