Shenzhen-Listed Xiwang Foodstuffs to Buy Canadian Nutritional Supplement Maker

China’s Xiwang Foodstuffs has acquired 100 percent stake of Canada’s Kerr Investment Holding Corp, the Chinese firm announced on Friday [23 September 2016]. Under the deal signed in Canada on Thursday, Xiwang Foodstuffs, a private company in east China’s Shandong Province, will set up a joint venture with Primavera Capital, a China-based global investment firm,

Shanghai’s Bright Food Group Completes Acquisition of Spain’s Miquel Alimentacio

Bright Food (Group) Co Ltd, the Shanghai-based food giant, has completed the acquisition of Miquel Alimentacio Grup, Spain’s second-largest food distributor, in a move to expand its European distribution network. The 110-million-euro ($123.15 million) takeover was made jointly by Shanghai Tangjiu Group Co Ltd, a fully owned Bright Food subsidiary which took a 72 percent