Vinamilk completes F&N Vietnam Foods acquisition

Viet Nam Dairy Products Joint Stock Company (Vinamilk) has announced it has completed the acquisition of F&N Vietnam Foods Ltd, a dairy producer.

Viet Nam Dairy Products Joint Stock Company (Vinamilk) has announced it has completed the acquisition of F&N Vietnam Foods Ltd, a dairy producer.

Vinamilk said that it would invest USD 3.8 million in F&N Vietnam Foods when it originally announced its intention to buy the firm in June.

“On 13 October 2010, F&N Vietnam Foods Ltd. Co. became a subsidiary of Vinamilk owning 100% of its capital with the new name ‘Dielac Milk A Member Ltd. Co’”, said Vinamilk.

Tags: F&N Vietnam Foods, Vinamilk

Posted by VBN on Oct 21 2010. Filed under Food & Beverage. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry