Latest News

South Korea's CJ Cheiljedang eyes US market amid speculation Schwan's a target 8 Jun 2018

CJ Cheiljedang, a leading South Korean processed food manufacturer, is seeking to make acquisitions in the US frozen category to expands its presence in overseas markets.


Brazil's JBS kicks off pork exports to South Korea after government-led agreement 21 May 2018

Brazilian meat giant JBS has become the country's first processor to export pork to South Korea following a government-led agreement secured last week.


South Korea’s Nongshim Co., Ajinomoto to build soup plant 20 Apr 2018

South Korean food group Nongshim Co. and Japanese group Ajinomoto are to build a soup-powder factory near Seoul through their new joint venture.


A2 Milk enters distribution agreement with South Korea's Yuhan Corp 16 Apr 2018

Australia's A2 Milk Co has entered into an exclusive sales and distribution agreement with Seoul-based Yuhan Corp to distribute its branded products in South Korea.


PepsiCo launches Quaker in South Korea 11 Apr 2018

PepsiCo is launching a line of Quaker products in South Korea for the first time after striking a deal with local giant Lotte Confectionery.


Savencia eyeing acquisition in South Korea 8 Mar 2018

France's Savencia Fromage & Dairy is looking to buy South Korea distributor Bake Plus.


Irish dairy group Ornua takes Kerrygold to South Korea 17 Nov 2017

Ornua, the Irish dairy group, has launched its Kerrygold butter brand into the South Korean market.


Shinsegae invests in bakery production 6 Nov 2017

South Korea's Shinsegae Food plans to invest KRW51.9bn (US$46.5m) to boost production at its Osan bakery plant in the north-west region of the country.


South Korea's CJ Cheiljedang plans new domestic plant 14 Jun 2017

CJ Cheiljedang, one of South Korea’s largest makers of processed foods, is to build of a production facility in Jincheon County in the centre of the country.


Lotte announces company revamp 27 Apr 2017

South Korea’s Lotte is to create a new united investment wing, under a major restructuring of the group.