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COFCO Group Joins the Ranks of the World's Leading Grain Traders
COFCO Corporation recently announced that two merger and acquisition transactions it participated in leading have passed global merger review and successfully completed settlement. These two merger and acquisition transactions are: the acquisition of a 51% stake in Nidera, a Dutch agricultural products and commodities trading group, and the acquisition of
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COFCO builds an international cooperation platform to advance food supply chain innovation
On November 10, witnessed by New Zealand Prime Minister John Key, COFCO Group signed a four-party cooperation framework agreement in Beijing with PwC China, PwC New Zealand and New Zealand state-owned enterprise AsureQuality Limited, bringing the best practices of the international food quality and safety-related industry into China to assist COFCO Group in establishing innovative solutions that run through the entire food supply chain.
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COFCO's Transformation Reflects the Plight of China's Grain and Oil Processing Industry
On the eve of the Spring Festival of the Year of the Sheep, some media reported that COFCO Group's pilot plan to become a state-owned capital investment company had been approved, and that COFCO Group was making specific arrangements and plans in accordance with the requirements of SASAC, formulating a detailed plan. Once primarily engaged in grain and oil operations, and now
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COFCO's international business volume exceeds domestic, asset integration to be completed before 2017
After more than 6 years of internationalization strategy deployment, COFCO Group's goal of a full industry chain is gradually being realized. According to an internal COFCO management person, last year COFCO, by controlling the Netherlands-based Nidera Group and Noble Agri under Hong Kong, China's Noble Group, had already preliminarily formed a
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COFCO's State-Owned Capital Reform Plan Is Clear: It Will Consolidate 11 Listed Companies Under Its Umbrella
Although the pilot plan for COFCO Group Co., Ltd. (referred to as COFCO) as a state-owned capital investment company has not yet been made public, the related reform strategies, reform goals and directions have basically surfaced. A few days ago, according to a management insider at COFCO Group, as early as this
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COFCO President Yu Xubo on building the Belt and Road on the tip of the tongue
In recent years, under the pattern of co-governance by society, China's overall food safety situation has been steadily improving. During the fourth Global Food Safety Initiative (GFSI) China Theme Day event, COFCO Group President Yu Xubo said that now is the best time for the development of the food industry
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COFCO Rice starts purchasing new grain, laying out a global industry chain
Although rice's status as the head of the five grains has never wavered, the fact that much of the loose rice on the market contains almost no new rice leaves consumers quite helpless, and the idea that good rice must start from the source has become the only path for the rice industry's development. Recently, a reporter from China Business Journal
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