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Swire Pacific Acquiring Guangdong Unit
date:Aug 09, 2012
Guangdong Swire is a joint venture between John Swire Sons Ptyand Guangdong Foodstuffs, which holds the remaining 40% interest,and was established in June 2008. The company operates a world'sbest practice 24,000-pallet facility at Huangpu in Guangzhou,where it also operates a 16,000-ton capacity traditional coldstore. Craig Bowyer is its general manager. Reason for thetransaction given by Swire Pacific is that it enables theCompany, through the Purchaser, to expand and develop its coldstorage b

12/20 01:50