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CJ CheilJedang buys majority stake in frozen food business Schwan’s in US$1.84bn deal
date:Nov 19, 2018
ook forward to working with our new team members to strengthen our operations and accelerate growth for the benefit of consumers, customers and employees, notes Schwans CEO Dimitrios Smyrnios.

CJ CheilJedang is an extraordinarily world-class and innovative company well-known for their success worldwide, and we are very impressed with their global growth plans and investments in the US. The future for Schwans is very bright, he adds.

The purchase agreement with CJ CheilJedang is the result of

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