CPF acquires Kaifeng Chia Tai

Charoen Pokphand Foods (CPF), under C.P. Pokphand Co. Ltd., has acquired Kaifeng Chia Tai, an animal feed business in China, for approximately US$49.8 million, and sold a noncore business, Rapid Thrive. The two deals provided a cost offset.

May 27, 2014

Charoen Pokphand Foods (CPF), under C.P. Pokphand Co. Ltd., has acquired Kaifeng Chia Tai, an animal feed business in China, for approximately US$49.8 million, and sold a noncore business, Rapid Thrive. The two deals provided a cost offset.

Kaifeng Chia Tai mainly manufactures and sells animal feed products. Kaifeng Chia Tai was incorporated in 1985 and the registered capital of Kaifeng Chia Tai was US$10 million.

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