date:Aug 27, 2014
investment, for new shares in the company, will be used to increase production at Fujian-based Sunner, which supplies KFC and McDonald's, to provide safe chicken products through large-scale farms.
Partnering with companies that meet China's demand for increased food safety is one of our key focuses, said David Liu, CEO of KKR Greater China.
Chicken is the fastest-growing protein source in China, but is only 17 percent of total meat consumption, compared to nearly 40 percent in Taiwan and Hong