Brasil Foods, Dah Chong Hong form JV in China
Brazilian food company Brasil Foods has established a joint venture (JV) with Hong Kong-listed food and vehicles distributor Dah Chong Hong to expand food distribution in China.
The 50:50 JV will enable Brasil foods to engage in local processing, develop the Sadia brand, and reach retail and food service channels in continental China, Hong Kong and Macau. The JV covers chilled poultry, pork and beef products.
While BRF will focus on production, technical support and marketing for the products to be sold by the joint venture, DCH will concentrate on supply chain and distribution operations, processing and packaging services.
The partnership is expected to sell volumes of more than 140,000 metric tons and generate revenues of approximately $450m in the first year.
DCH is one of the leading distributors of automobiles, food and consumer products in China and Hong Kong, with infrastructure for distributing chilled and frozen food. It has operations in Mainland China, Hong Kong and Macau.
Related Insight
Suppliers Directory
Processed Foods Bakery & Cereals Confectionary Pasta & Noodles Savory Snacks Sweets & Desserts
Condiments & Ingredients Ingredients Oil & Fats Sauces & Spreads Soups
Chilled & Deli Food
Special Foods Baby Food Health Foods
Food Technology Process & Production IT & Software Packaging Sustainability
Marketing & Regulatory Regulatory & Food Safety Supply Chain Retail
Intelligence
Until recently, the beverages market was divided simply between alcoholic and non-alcoholic beverages. As consumers’ tastes grew more sophisticated and demand surged for a variety of beverage options catering to lifestyle changes and health concerns, the beverages industry has responded with a dizzying array of options to choose from. This report focuses on the U.S. and world markets for beverages across several broad categories. For the purposes of this study, TriMark Publications has divided the global beverages markets into the following product segments include: 1) alcoholic beverages such as wines, beers and spirits; 2) non-alcoholic beverages such as bottled water and milk; 3) brewed beverages such as coffees and teas; 4) carbonated beverages such as sodas and soft drinks; 5) non-carbonated juice products both fresh and pre-packaged; and 6) energy drinks which are generally caffeinated beverages in both carbonated and non-carbonated forms. For each market segment, this study presents the latest information on size, growth rates, sales projections and factors influencing growth in the U.S. and internationally. Reports Buy online from $449
Comments may be moderated for spam, obscenities or defamation.