Shandong-based Meat Company to Purchase a 45% Stake in Australia’s 4th Largest Meat Processor

Delisi Food Co, a Shenzhen-listed food supplier, has bought a 45 percent stake in Australia’s fourth-largest meat processor as beef imports into China continue to rise. The investment in Bindaree Beef Group is estimated to be worth $105 million, according to Australian press reports. The deal will enable the Australian company to use Delisi’s extensive