With consistent efforts over the past 50 years to expand its business from foodstuffs to processed foods, CJ CheilJedang has grown to become Korea’s leading general food company. Capitalizing on its market dominance and competitiveness in terms of production costs, the Company has taken the lead in the local foodstuffs sector, a sector that includes sugar, flour and cooking oil.
In the processed foods sector, with the introduction of such successful products such as Dashida, Hetbahn, Matbam , and Happy Bean Tofu , CJ CheilJedang is creating a new food culture suited to new lifestyles and aimed at meeting customer demand for “well-being” products.
CJ CheilJedang has also expanded its global base in the animal feed business, and established a holding company to oversee the business.
Private equity fund acquires Morenot majority stake Norway
FSN Capital V has acquired a majority stake in Norway based Mørenot Holding II, a world leading supplier of equipment and services to the world’s fishery- and aquaculture industries as well as marine seismic.
EU and Côte d'Ivoire renew fishing agreement European Union
The negotiations held in Abidjan have allowed the European Union and Côte d'Ivoire to agree on a new fisheries partnership protocol that gives access to Ivory Coast waters to 36 EU vessels.
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