Charoen Pokphand Foods (CPF) is planning to become one of the top three animal feed firms in the world. Adirek Sripratak, president and CEO of CPF said that the acquisition of CP Pokphand Co (CPP) in Hong Kong was part of its global strategy to become one of the world’s top three animal-feed firms.
"CPF is to spearhead exploring business opportunities overseas by itself rather than relying on its subsidiaries. The strategy will strengthen the company's bargaining power with trading partners," Adirek said, adding that this restructuring was similar to what CPF did in 1999 to consolidate all related subsidiaries into branches of CPF. Read more ...
"CPF is to spearhead exploring business opportunities overseas by itself rather than relying on its subsidiaries. The strategy will strengthen the company's bargaining power with trading partners," Adirek said, adding that this restructuring was similar to what CPF did in 1999 to consolidate all related subsidiaries into branches of CPF. Read more ...
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