China Foods Transfers Great Wall Wine Brand to COFCO

Continuing to dispose of its non-Coca-Cola assets, China’s second largest winemaker has transferred its money-losing wine business to a unit under parent firm COFCO Corp. In a HK$5 billion ($649 million) deal, China Foods Ltd. has offloaded its prestigious Great Wall brand, including five production plants in China, five wineries in and outside the country,

COFCO’s Womai Sells US Beef in Beijing While Alibaba’s Yiguo Sells US Beef in Shanghai

China’s major e-commerce platforms are racing to be the first to put US beef under their online sales portfolio, with the arrival of the first commercial shipment of the meat and its products to China due over the weekend, marking the end of a 14-year import ban. Womai.com, the online platform run by the country’s

COFCO to Distribute Scotch Whisky

One of Scotland’s oldest whisky producers said it is tapping into the lucrative Chinese thirst for the drink after securing a major distribution deal with one of China’s food and beverage giants. Loch Lomond Group, based in Alexandria in Scotland, has entered into a partnership with China National Cereals, Oils and Foodstuffs Corp, also known

Coca-Cola and COFCO Joint-Venture Opens Bottling Plant in Hunan Province

Coca-Cola, the global leader in the beverage industry, announced Tuesday [11 April 2017] that its biggest bottling plant in central China began operating in Hunan Province. The new plant is designed to accommodate nine production lines — four for water products, four for sparkling beverages and one for juice and juice drinks. Four lines were

COFCO Nutrition and Health Research Institute Signs Cooperation Agreement with New Zealand Government Research Institute

A planned joint China-New Zealand food research center will bring scientific and economic benefits to both countries, the head of a New Zealand government research institute said Friday [17 February 2017]. The center would see New Zealand’s AgResearch collaborating with China’s largest State-owned food company and the largest university food science and nutrition research department…Full