ThaiBev acquires China’s coffee company Dongguan LiTeng Foods

ThaiBev acquires China’s coffee company Dongguan LiTeng Foods

Photo: Pixabay

Singapore-listed Thai Beverage, or ThaiBev as its popularly known, has acquired Mainland China’s coffee processing and trading company Dongguan LiTeng Foods, for RMB300,000 ($43,570.50), marking its foray into China’s coffee business.

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