Business Intelligence on Retailing, Franchising, and Consumerism in China


Asahi Breweries Expands Business In China

Japanese beer manufacturer Asahi Breweries has announced that it plans to become one of the world's top ten food companies, through acquisition and by expanding its business in China.

Naoki Izumiya, a senior managing director of Asahi, told media that Asahi aims to rank among the world's top ten food companies through acquisition and plans to enhance its liquor, beverage, and food businesses in China and other overseas markets. Naoki Izumiya added that the company also plans to achieve a JPY2 trillion sales target by 2015.

Naoki Izumiya said that he believed that large-scale operation can bring much benefit for food companies, but adequate funding is also very important when companies restructure.





Be the first to comment on "Asahi Breweries Expands Business In China"

Leave a comment

Your email address will not be published.


*




  Other China News

ChinaTechNews.com:

58.com's Used Goods Trade Platform Gains USD200 Million Investment From Tencent

Former Kingsoft CEO Joins VC Firm

China Mobile Achieved CNY708.4 Billion Operating Revenue In 2016

China's UC News Boasts 100+ Million Monthly Users In India, Indonesia


GreenChinaTech:

Chinese Electric Bus Manufacturer Lands USA Deal

American Electric Car Manufacturer To Build In China

U.S. Clean Water Company Makes Chinese Inroads

GE Will Promote Wind Power Through New Chinese Education Center


ChinaSourcingNews.com:

India Gains Second Factory From China's Xiaomi

85% of Indian Staff To Lose Jobs At China's LeEco

Alibaba Reaches New Deal With Mattel

China Imported 1.956 Million Tons Of Dairy Products In 2016