PepsiCo Makes Strategic China Investment In Natural Food Company

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131 million to acquire 26 percent of the issued ordinary stocks of Natural Food International Holding Ltd, China’s second-largest natural health food company with a concentrate on grain-based natural powder. US-based PepsiCo will acquire the stake from minority shareholders of the HK-listed company and will end up being the second-largest shareholder behind Natural Food’s founders who own 42 percent of the business. This investment signs PepsiCo’s dedication to accelerate development in this key market. PepsiCo has been working in China for almost 40 years and a wide range of food and beverage products to Chinese consumers.

Natural Food has its data-led direct-to-consumer based business model and Eastern-based profile. The investment in Natural Food will enhance PepsiCo’s journey to get China’s leading consumer-centric food and beverage company, the united states company said. Ram Krishnan, CEO of PepsiCo Greater China. Gui Changqing, chairwoman of Natural Food International Holding Ltd.

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