COMPANY PROFILE
China Food Company, based in Shandong province in the People’s Republic of China, a region with a population of circa 94 million, operates a group of well-established food manufacturing businesses producing a range of cooking and dipping sauces. China Food has a very strong brand for cooking and dipping sauces which are sold through a network of distributors and outlets of supermarket chains in Shandong and surrounding provinces such as Tesco, Wal Mart, Carrefour and Jialejia. China Food is expected to benefit also from the growth of international supermarket chains in China.
The Chinese sauces, dressings and condiments market is expected to be worth CNY115 billion ($15 billion) by 2013*, driven by Chinese population growth and economic prosperity. The Chinese domestic market is rapidly expanding, and the Group is well positioned to benefit from China’s demographic growth and increased urbanisation, having invested in a new factory which will increase China Food’s capacity by 50,000 tonnes.
The animal feed business, Fuss Feed, produces premix, concentrate and compound feedstuffs, and is based in Shandong, an important province for the production of livestock in China.
Country of incorporation and main country of operation
China Food Company Plc business operations are currently located at facilities in Shou Guang City and Weifang City, both of which are in the PRC’s central Shandong province. China Food Company Plc registered office is 17 Hanover Square, London, W1S 1HU.
*Source: Datamonitor report: Sauces, Dressings and Condiments in China to 2013, April 2010
Last updated 18 Feb 2011
