2014-10-13
China's Bright Food Group Acquires Majority In Italian Olive Oil Company
As a part of Bright Food Group's internationalization, its Chinese subsidiary Yimin No.1 Foods acquired a majority stake in Salov Group, an Italian olive oil maker. The two parties reportedly reached an agreement on October 1, 2014, and no financial detail has been disclosed yet. According to Pan Jianjun, spokesperson of Bright Food, the two […]