Vinamilk acquires F&N VN Foods

Dairy giant Vinamilk (VNM) has acquired F&N Viet Nam Foods Co Ltd from Singapore’s Fraser & Neave Ltd for US$3.8 million, turning it into a fully-owned subsidiary of Vinamilk. A spokesman for the Singapore-based investor said the divestiture of its Viet Nam operation was made with a view to streamlining the company’s food and beverage operations.

Tags: F&N VN Foods, Vietnam M&A, Vinamilk

Posted by VBN on Jun 12 2010. Filed under M & A. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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