Interfood Shareholding Co.

Kirin acquires Vietnam's Interfood

The Japan Times Online

Brewery group Kirin Holdings Co. said on Thursday it has acquired major Vietnamese soft drink producer Interfood Shareholding Co. as part of its plans to tap the Vietnamese market.

Kirin purchased 57.25 percent of the total outstanding shares in Interfood for an undisclosed sum and also bought out Wonderfarm Biscuits & Confectionery Sdn. Bhd., a Malaysia-based firm that manages the intellectual property rights of Interfood.

Syndicate content