Charoen Pokphand Foods Public Company Limited (CPF) has announced that, through its subsidiary, the company acquired Fish Food sp. z o.o. (Fish Food) and MaxFish sp. z o.o. (MaxFish) which operates in the seafood business in Poland by a subsidiary of CPF. Upon the completion of the acquisition, Fish Food and MaxFish will become indirect subsidiaries of CPF.
The acquisition total amount is PLN 12.0 million or approximately THB 101 million for both seafood companies.
The expected benefit from these acquisitions is to expand CPF’s businesses in Poland as well as diversify the company’s product portfolio and customer base.
Fish Food is incorporated under the laws of Poland with a total registered and paid-up capital of PLN 2.65 million. Fish Food engages in the production of seafood products such as marinated fish, breaded seafood, cooked shrimp and ready-to-eat meals.
MaxFish is incorporated under the laws of Poland with a total registered and paid-up capital of PLN 0.3 million. MaxFish engages in trading and distribution of seafood products.