CP Group and NH Foods Joint Venture
Charoen Pokphand Foods, a Thai conglomerate, is set to launch a joint venture with Japan's NH Foods in November.
The partnership between the ham company and Thai conglomerate targets Southeast Asia's rising middle class, aiming to capitalize on the growing popularity of Japanese food in the region.
Thai conglomerate Charoen Pokphand (CP) Group and Japanese food processor NH Foods announced a joint venture Wednesday.
- Joint venture to launch in November
- Targets Southeast Asia's growing middle class
- Aims to tap into the rising popularity of Japanese food
Author's summary: CP Group and NH Foods partner to serve Japanese food in Thailand.