Dongwon F&B expands in Southeast Asia through deal with CPF
Dongwon, in collaboration with CPF, intends to expand sales in the South Asian market.
(SOUTH KOREA, 8/10/2018)
Korean food company Dongwon F&B has signed a memorandum of understanding with Thailand-based Charoen Pokphand Foods to expand its presence in the Southeast Asian market.
Through the deal, signed by Dongwon F&B CEO Kim Jae-oak and CPF CEO Sukhawat Dansermsuk, both firms outline their mutual collaboration.
“Prior to this deal, we exported just few of our products like seaweed to Southeast Asia. From now, we expect to export a bigger variety of products including pet food and home replacement meals through CPF’s retail channels,” a Dongwon Group spokesperson told The Investor (More Info)
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