Two of China’s largest grain producers are looking at merging, according to a press report form the country.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


The Dow Jones newswire said today (22 December) that the head of the government agency that overseas China’s largest state-owned companies had confirmed that that China National Cereals, Oils & Foodstuffs Corp, (COFCO), and China Grains & Oils Group Corp. are in merger talks.


Li Rongrong, director of the State-owned Assets Supervision and Administration Commission, was reported to have said in a press conference in Beijing: “The business of the two corporations overlap in many respects, so I believe the merger is necessary.”
 
He added that more details would be forthcoming at the appropriate time.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now