date:Jun 06, 2012
establish its presence in China, and always considered setting up or acquiring a manufacturing facility as its primary strategy.
The acquisition of Zhenghang Food is a golden opportunity as it is the second largest biscuit business in the Shandong province with excellent manufacturing facilities, Tan told the new agency.
Zhenghang Food will continue to be headquartered in Shandong province, and will report to Munchy's corporate headquarters in Malaysia.
Through the acquisition, Munchy plans to i