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CPF buys Turkish chicken processor

October 26, 2021 admin-dominor

Charoen Pokphand Foods Plc has bought Turkey’s biggest chicken processing company as part of its plan to expand to the Eastern European market.

CPF paid US$22 million (Bt879 million) to buy CP Standard Gida Sanayi ve Ticaret AS (CPS) from CPF’s sister company, CP Pokphand Co Ltd of Hong Kong.

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