As gateway to US markets & retailers, leading ready-made food producer in US bought by CP Group. INTERNATIONAL BUSINESS & FROZEN FOODCP buys 3rd largest buys US frozen meal company17/11/2016Online ReportersCharoen Pokphand Foods Plc (CPF), Thailand's largest food producer has acquired one of the largest ready made food producers in the US. The company is the third largest maker of so-called "single-serve frozen entrees" in the US and is also the leader in the same market segment in Canada. IMPORTANT RELATIONS WITH LEADING AMERICAN RETAILERSWith four facilities in the US, Bellisio has "deep strategic relations" with leading American retailers. GATEWAY TO AMERICAN FOOD MARKETWith 100% control of the American company, CPF will use it as a platform to enter the world's largest food market and as a gateway to channel its existing products into North America.

Source: Bangkok Post November 18, 2016 02:18 UTC