Fung Group acquires 100% stake in Woh Hup Food Industries Pte Ltd
The Fung Group, through an entity company of Fung Investments, has acquired 100% interest in Woh Hup Food Industries Pte Ltd.
Established in 1906, the Fung Group is presently the largest multinational trading group based in Hong Kong. Under a new strategic direction, it is currently working toward creating an international food empire through acquisitions and developments of strong heritage brands. Woh Hup Food is its first acquisition under this new initiative, and more strategic investments are likely in the near future.