CPF Investment Limited, a wholly owned subsidiary of Charoen Pokphand Foods Public Company Limited (CP Foods), announced a share purchase agreement with Westbridge Food Group Limited (WFGL) with a combined value of THB 2.6 billion (€71 million/$75.7 million).
UK-based WFGL specializes in meat and ready-made products sales to retail chains, foodservice, and food manufacturers in the United Kingdom and the European Union.
“The investment will allow CPF to expand our distribution network for retails, food services and food manufacturers in the UK and the EU countries which have a high potentiality,” said Adirek Sripratak, chairman of the executive committee of CPF.
“Most
