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  • ABOUT
    • Gama
    • Our Network
    • Media
  • PRODUCTS & SERVICES
    • Gama Compass
    • Innovation & Insight Reports
    • Gama Field Services
    • Gama Market Entry
  • CATEGORIES
    • Food
    • Alcoholic Drinks
    • Non-Alcoholic Drinks
    • Household Care
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  • STORE
  • NEWS & INSIGHTS
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CJ CheilJedDang

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USA: CJ CheilJedang takes majority stake in Schwan’s

November 19, 2018
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Food, Mergers & Acquisitions, North America

CJ CheilJedDang (CJCJ), South Korea’s leading food firm, is taking an 80% stake in US food delivery and consumer brands firm Schwan’s via its US susbsidiary, according to a report in the Minnesota Star Tribune. Schwan’s turns over about $3 billion per annum and markets a variety of frozen retail products, including Red Baron, Freschetta and Tony’s pizzas, Mrs Smith’s pies and Edwards desserts, alongside operating its flagship food delivery service. …

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