Food Products Division News & Topics
Participation in Management of Acecook Vietnam
Plant of Acecook Vietnam Joint Stock Company in Vietnam
In April 2010, Marubeni accepted the entire allotment of a private placement of shares by Acecook Vietnam, which controls a nearly 70% share of Vietnam's instant noodle market. By participating in the company’s management, Marubeni has established a firm foothold in the food product distribution business in growth markets.
Start of Operations at Flour Milling Company Plant in Shanghai
Milling plant of Great Wall Food (Shanghai) Co., Ltd.
In May 2010, operations commenced at a flour milling plant owned by Great Wall Foods (Shanghai) Co., Ltd., a joint venture established in 2006 between Marubeni, prominent Chinese food products company Great Wall Enterprise, and SHANGHAI LIANGYOU GROUP CO. LTD.
Together with the Christine Group, a Marubeni investee involved in the bakery business in Shanghai, operations at the plant have enabled Marubeni's participation in a supply chain in China covering flour milling through to bread production and sales.
